US panel delays its ruling on $1.5 billion for Chrysler

A special government panel delayed a decision Tuesday on whether to grant the Chrysler Corporation, threatened with bankruptcy, up to $1.5 billion in federally backed loans. Deputy Treasury Secretary Robert Carswell explained that the five-member Chrysler Loan Guarantee Board did not reach a final decision because some elements of the package are still being completed. The board will meet again later this week.

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...