Comments on: How Will Chrysler Bankruptcy Affect Insolvent Banks? http://www.ritholtz.com/blog/2009/05/chrysler-bankruptcy-and-insolvent-banks/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sun, 21 Mar 2010 09:08:51 -0400 http://wordpress.org/?v=2.9.2 hourly 1 By: Afternoon Reading: Stress-Full Blogging | OptionHustler.com http://www.ritholtz.com/blog/2009/05/chrysler-bankruptcy-and-insolvent-banks/comment-page-1/#comment-167969 Afternoon Reading: Stress-Full Blogging | OptionHustler.com Tue, 05 May 2009 03:00:32 +0000 http://www.ritholtz.com/blog/?p=25470#comment-167969 [...] From Barry Ritholtz: Will the Chrysler bankruptcy mark a milestone in the evolution of the banking crisis and the Obama administration’s response. [...] [...] From Barry Ritholtz: Will the Chrysler bankruptcy mark a milestone in the evolution of the banking crisis and the Obama administration’s response. [...]

]]> By: jc http://www.ritholtz.com/blog/2009/05/chrysler-bankruptcy-and-insolvent-banks/comment-page-1/#comment-167908 jc Mon, 04 May 2009 22:11:53 +0000 http://www.ritholtz.com/blog/?p=25470#comment-167908 Renault invested in AMC and tried the same things as Fiat, retooling the old AMC plants for new fuel efficient vehicles ...While initial sales were promising, these (quality) concerns hurt sales. AMC's declining profit picture, combined with Renault's concerns with declining sales, hurt the Alliance's chances in the American market. The Alliance afforded AMC the opportunity to field a new compact car without the expense of its design and tooling... The damaged reputation of the Alliance would also affect attempts to launch other Renault cars, including the brief appearance of the Renault Medallion, and Eagle Premier If you think Fiat will get it right just remember those famous words "this time it will be different" Renault invested in AMC and tried the same things as Fiat, retooling the old AMC plants for new fuel efficient vehicles

…While initial sales were promising, these (quality) concerns hurt sales. AMC’s declining profit picture, combined with Renault’s concerns with declining sales, hurt the Alliance’s chances in the American market.

The Alliance afforded AMC the opportunity to field a new compact car without the expense of its design and tooling… The damaged reputation of the Alliance would also affect attempts to launch other Renault cars, including the brief appearance of the Renault Medallion, and Eagle Premier

If you think Fiat will get it right just remember those famous words “this time it will be different”

]]> By: DeDude http://www.ritholtz.com/blog/2009/05/chrysler-bankruptcy-and-insolvent-banks/comment-page-1/#comment-167860 DeDude Mon, 04 May 2009 20:55:55 +0000 http://www.ritholtz.com/blog/?p=25470#comment-167860 Citi or BAC may be too big, but there are 17 others on the list (12 with less than a trillion in assets). Now that they have had time to look, they are likely going to know a lot more about the specific geopolitical implications of letting each of them fail. There are a lot of good reasons to pick one or two out for failing, and I see no strong arguments for why all 19 must be kept alive. But maybe they will not dare, and instead just let government take big stakes in the weakest of them (do a half swede). Yet, they have to deal with the fact that there is a lot of blood thirst out there, and that letting Chrysler fall raises some political dynamite about why they are so soft on the financials. Citi or BAC may be too big, but there are 17 others on the list (12 with less than a trillion in assets). Now that they have had time to look, they are likely going to know a lot more about the specific geopolitical implications of letting each of them fail. There are a lot of good reasons to pick one or two out for failing, and I see no strong arguments for why all 19 must be kept alive. But maybe they will not dare, and instead just let government take big stakes in the weakest of them (do a half swede). Yet, they have to deal with the fact that there is a lot of blood thirst out there, and that letting Chrysler fall raises some political dynamite about why they are so soft on the financials.

]]> By: Chrysler vs. the Big Banks? at tvanderwell on SmartHippo.com http://www.ritholtz.com/blog/2009/05/chrysler-bankruptcy-and-insolvent-banks/comment-page-1/#comment-167845 Chrysler vs. the Big Banks? at tvanderwell on SmartHippo.com Mon, 04 May 2009 20:29:15 +0000 http://www.ritholtz.com/blog/?p=25470#comment-167845 [...] How Will Chrysler Bankruptcy Affect Insolvent Banks? | The Big Picture The Chrysler bankruptcy is a fascinating development in the great financial crisis of 2008-09. It may be a enormously significant milestone in the evolution of the banking crisis and the response from the Obama administration. [...] [...] How Will Chrysler Bankruptcy Affect Insolvent Banks? | The Big Picture The Chrysler bankruptcy is a fascinating development in the great financial crisis of 2008-09. It may be a enormously significant milestone in the evolution of the banking crisis and the response from the Obama administration. [...]

]]> By: Trade Jim News » Afternoon Reading: Stress-Full Blogging http://www.ritholtz.com/blog/2009/05/chrysler-bankruptcy-and-insolvent-banks/comment-page-1/#comment-167822 Trade Jim News » Afternoon Reading: Stress-Full Blogging Mon, 04 May 2009 19:58:56 +0000 http://www.ritholtz.com/blog/?p=25470#comment-167822 [...] From Barry Ritholtz: Will the Chrysler bankruptcy mark a milestone in the evolution of the banking crisis and the Obama administration’s response. [...] [...] From Barry Ritholtz: Will the Chrysler bankruptcy mark a milestone in the evolution of the banking crisis and the Obama administration’s response. [...]

]]> By: aperian http://www.ritholtz.com/blog/2009/05/chrysler-bankruptcy-and-insolvent-banks/comment-page-1/#comment-167792 aperian Mon, 04 May 2009 19:06:55 +0000 http://www.ritholtz.com/blog/?p=25470#comment-167792 @Mannwich @DL thats what an obama credit card will be..................also you really think that bush blaming 911 is the same as the wimpy bs that comes out of the obama whitehouse...jesus ........obama needs to take charge and be a leader instead of a whiny spoiled child also the fiat can not be sold in the usa in its current form. doesnt meet dot, epa, blackbox, etc. also can not be sold in canada because of the bumpers and running ights are wrong which cant be fixed (running lights) easily. they wont sell any anyway....we have toyota yaris and nissan versa and they dont sell and they are larger than the 500. we also wouldnt get the abarth which would be cool but would never be legal in the usa. wouldnt even come close to competeing with the mini...americans didnt buy fiats in 1972 and they wont today! @Mannwich
@DL

thats what an obama credit card will be………………also you really think that bush blaming 911 is the same as the wimpy bs that comes out of the obama whitehouse…jesus ……..obama needs to take charge and be a leader instead of a whiny spoiled child

also the fiat can not be sold in the usa in its current form. doesnt meet dot, epa, blackbox, etc. also can not be sold in canada because of the bumpers and running ights are wrong which cant be fixed (running lights) easily.

they wont sell any anyway….we have toyota yaris and nissan versa and they dont sell and they are larger than the 500. we also wouldnt get the abarth which would be cool but would never be legal in the usa. wouldnt even come close to competeing with the mini…americans didnt buy fiats in 1972 and they wont today!

]]> By: jpo http://www.ritholtz.com/blog/2009/05/chrysler-bankruptcy-and-insolvent-banks/comment-page-1/#comment-167771 jpo Mon, 04 May 2009 18:32:58 +0000 http://www.ritholtz.com/blog/?p=25470#comment-167771 Barry, according to you the post-panic policy should be to stroke the panic again. Remember, the panic was the disastrous result of what you think should be done next: let the banks fail (like Lehman). Do you really wan't to go back to October and stare into the abyss again? Note: I don't mind pre-privatization, but another Lehman is not what we should ask for. Besides, the G20 promised in November that no big bank would be allowed to fail. This is an international commitment that the US is bound to honor. Barry, according to you the post-panic policy should be to stroke the panic again. Remember, the panic was the disastrous result of what you think should be done next: let the banks fail (like Lehman). Do you really wan’t to go back to October and stare into the abyss again?
Note: I don’t mind pre-privatization, but another Lehman is not what we should ask for. Besides, the G20 promised in November that no big bank would be allowed to fail. This is an international commitment that the US is bound to honor.

]]> By: Mannwich http://www.ritholtz.com/blog/2009/05/chrysler-bankruptcy-and-insolvent-banks/comment-page-1/#comment-167733 Mannwich Mon, 04 May 2009 17:17:55 +0000 http://www.ritholtz.com/blog/?p=25470#comment-167733 DL: Agreed. The geo-political implications of taking down either are too large at this point. For better or for worse (I still think worse), O has tied his wagon to these bank bailouts. He's not going to take them down now. DL: Agreed. The geo-political implications of taking down either are too large at this point. For better or for worse (I still think worse), O has tied his wagon to these bank bailouts. He’s not going to take them down now.

]]> By: DL http://www.ritholtz.com/blog/2009/05/chrysler-bankruptcy-and-insolvent-banks/comment-page-1/#comment-167728 DL Mon, 04 May 2009 17:10:39 +0000 http://www.ritholtz.com/blog/?p=25470#comment-167728 DeDude @ 12:56 I’ll take the other side of that trade. Obama won’t “take down” Citi or BAC or any of the other big ones. DeDude @ 12:56

I’ll take the other side of that trade. Obama won’t “take down” Citi or BAC or any of the other big ones.

]]> By: DL http://www.ritholtz.com/blog/2009/05/chrysler-bankruptcy-and-insolvent-banks/comment-page-1/#comment-167724 DL Mon, 04 May 2009 17:08:32 +0000 http://www.ritholtz.com/blog/?p=25470#comment-167724 Mannwich @ 12:54 I suppose so. But my point to aperian (@11:43) is just that if GM and Chrysler have trouble selling cars, Obama (i.e., the taxpayers) may step in and provide low-rate financing. Anything for the UAW. Mannwich @ 12:54

I suppose so. But my point to aperian (@11:43) is just that if GM and Chrysler have trouble selling cars, Obama (i.e., the taxpayers) may step in and provide low-rate financing.
Anything for the UAW.

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