BorgWarner owed more than $5.5M by Chrysler Corp

  "[...] at Chrysler there are suppliers whose invoices are now guaranteed by the (Department of the) Treasury, and they're guaranteed at 98 percent of the invoice amount," Pratt said.

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Bibliographic Details
Published inIthaca journal (Ithaca, N.Y. : 1934)
Main Author Ashmore, Tim
Format Newspaper Article
LanguageEnglish
Published Ithaca, N.Y Gannett Co., Inc 16.05.2009
Subjects
Bankruptcy
Investments
Shutdowns
Stock prices
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Summary:  "[...] at Chrysler there are suppliers whose invoices are now guaranteed by the (Department of the) Treasury, and they're guaranteed at 98 percent of the invoice amount," Pratt said.