After tough negotiations, the rescue package for the three largest US car companies failed last night. Reports credit and finanzen.de: already several weeks ago representatives of the three largest U.S. Others including Sir Richard Branson, offer their opinions as well. Surprisingly, you’ll find very little mention of Bill Frisell on most websites. automotive companies Chrysler, Ford and General spoke to motors in the U.S. Government. You logged in short-term financial needs in tens of billions, to survive at least the next few months. This assistance provided as emergency loans have failed in the resistance of the US Republicans in the Senate now. Particularly Chrysler and General Motors had stressed without government support within a few months before the end.

Originally emergency aid amounting to US$ 14 billion negotiated in the first meeting, which corresponded to only a fraction of the 34 billion dollars required by the carmakers, but should at least be sufficient, to bridge the period until end of March 2009. As a direct reaction to the failure of the rescue package, a law firm with the testing already has Chrysler is rumored by Measures to apply for insolvency consulted Chapter 11 and also General Motors has chosen already lawyers and financial advisors, to prepare a bankruptcy standing in the. Given the employment of the three companies, one can only guess what avalanche would trigger a bankruptcy. Alone the carmakers more than 250,000 people work at, by the industry once not to talk. It is also fact that a bankruptcy for one of the undertakings concerned is a viable solution. It is much more likely that the corporations are restructuring their businesses. That this will be linked to job losses and hence loss of points, no one doubts. Daniel Franke