Introducing the 2010 Chrysler Backfire

The restructuring of Chrysler is likely to fail because it does not address two of the company's shortcomings. First, Chrysler LLC has a surplus of labor and a shortage of customers. Second, Chrysler will need new investment. The Obama administration's bailout terms are vague as to how the company will develop marketable cars, and border on vicious in the treatment of investors, but bend over backwards to protect the interests of labor — which gets the Chrysler hierarchy of needs in reverse.
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