May 01 2009 24 mins
Starburst
The sweet tooth crowd knows it as candy. For star gazers it's a gaseous collision in space. And now the financial failings at Chrysler have given the automotive world its own unique version of the noun, Pentastarburst! This nearly 85-year old company has seen troubled times before and has always cheated financial death. And though it might have done it again, this time it's not without some major consequences for everyone involved. Who knows if its famous Pentastar logo, by the end of it all, might not even lose a triangle or two.
Joining John on his Chrysler panel to discuss the bankruptcy and where the company goes from here are representatives from the accounting, analyst & journalism worlds. Craig Fitzgerald is a partner from Plante & Moran, Jim Hall is a veteran auto observer from 2953 Analytics, and finally Kate Linebaugh, covers the auto industry for the Wall Street Journal.
The sweet tooth crowd knows it as candy. For star gazers it's a gaseous collision in space. And now the financial failings at Chrysler have given the automotive world its own unique version of the noun, Pentastarburst! This nearly 85-year old company has seen troubled times before and has always cheated financial death. And though it might have done it again, this time it's not without some major consequences for everyone involved. Who knows if its famous Pentastar logo, by the end of it all, might not even lose a triangle or two.
Joining John on his Chrysler panel to discuss the bankruptcy and where the company goes from here are representatives from the accounting, analyst & journalism worlds. Craig Fitzgerald is a partner from Plante & Moran, Jim Hall is a veteran auto observer from 2953 Analytics, and finally Kate Linebaugh, covers the auto industry for the Wall Street Journal.