Tuesday, May 26, 2009

What Could Go Wrong? (Part 2,497,925)

A lawyer for Chrysler dealers facing closure as part of the automaker's bankruptcy reorganization said on Tuesday he believes Chrysler executives do not support a plan to eliminate a quarter of its retail outlets.

Lawyer Leonard Bellavia, of Bellavia Gentile & Associates, who represents some of the terminated dealers, said he deposed Chrysler President Jim Press on Tuesday and came away with the impression that Press did not support the plan.

"It became clear to us that Chrysler does not see the wisdom of terminating 25 percent of its dealers," Bellavia said. "It really wasn't Chrysler's decision. They are under enormous pressure from the President's automotive task force."
THE PRESIDENT'S TASK FORCE LED BY POLITICAL APPOINTEE AND MONEYBAGS RATNER.

IF THIS IS TRUE, THEN IT MEANS THAT CLOSING THESE DEALERSHIPS WAS A POLITICAL DECISION, NOT A COMMERICAL ONE.

OF SO, THEN IT'S OUTRAGEOUS - AND EVERY BIT AS BAD AS MUGABE SEIZING FARMS IN ZIMBABWE OR CASTRO SEIZING BUSNESSES IN CUBA.