Who's who of Chrysler bankruptcy
Now that the hedge fund bondholders have pulled back their bid to get their double secret 110 cents on the dollar payoff, a list of Chrysler's creditors is starting to emerge.
The most interesting name so far ... although he's not put a dollar amount on his claim, is former Chrysler CEO and father of the Pontiac Solstice Bob Lutz!
Lutz was also CEO of Exide Technologies, which also went bankrupt. Hmmmm.......
The start of what will be a long list can be found here.
The most interesting name so far ... although he's not put a dollar amount on his claim, is former Chrysler CEO and father of the Pontiac Solstice Bob Lutz!
Lutz was also CEO of Exide Technologies, which also went bankrupt. Hmmmm.......
The start of what will be a long list can be found here.
Last edited by Jesus_Christler; May 12, 2009 at 07:10 AM.
If you're going to start calling people out you might want to know a little about them.
Bob Lutz was the one who brought the Viper and Prowler cars out of Chrysler. He also pushed hard for the LH cars to be brought to market, they were a huge sales success for Chrysler. When he was at Ford he was one of the chief people for bringing the Explorer to market, another huge success. When he went to GM, one of the first things he did was get pontiac to drop the practice of putting all that ugly plastic body cladding on the bottom of the cars. He also brought the Solstice / Sky to market, as well as the new Camaro and the G8.
Before he did any of this he was at BMW where he was one of the people responsible for the development and sales of the 3 Series, a car which to this day is one of the more successful long-term sales figures.
He went into Exide when they were already in trouble, hardly his fault.
The man lives and breathes cars, and always has. I had the opportunity to meet him a few times when he was at Chrysler and I came away extremely impressed with his grasp of the auto industry from top to bottom.
Bob Lutz was the one who brought the Viper and Prowler cars out of Chrysler. He also pushed hard for the LH cars to be brought to market, they were a huge sales success for Chrysler. When he was at Ford he was one of the chief people for bringing the Explorer to market, another huge success. When he went to GM, one of the first things he did was get pontiac to drop the practice of putting all that ugly plastic body cladding on the bottom of the cars. He also brought the Solstice / Sky to market, as well as the new Camaro and the G8.
Before he did any of this he was at BMW where he was one of the people responsible for the development and sales of the 3 Series, a car which to this day is one of the more successful long-term sales figures.
He went into Exide when they were already in trouble, hardly his fault.
The man lives and breathes cars, and always has. I had the opportunity to meet him a few times when he was at Chrysler and I came away extremely impressed with his grasp of the auto industry from top to bottom.
I fully appreciate his efforts ... with the Chrysler Atlantic, and with the Pontiac division ... even if his GM efforts fell flat.
I also fully appreciate a man has got to do whatever's necessary to secure his rights.
The Exide thing did catch me off guard, though.
Still, the rest of the list makes for interesting reading.
I also fully appreciate a man has got to do whatever's necessary to secure his rights.
The Exide thing did catch me off guard, though.
Still, the rest of the list makes for interesting reading.
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