Written by Robert W. Armijo

Thursday, 30 April 2009

image for Chrysler's Collapse inspires new TV series: "Bankruptcy Court TV"
Hedge fund takes the wheel, forcing Chrysler to take a detour through the all-night drive-thru bankruptcy court window

Detroit, Michigan - For the first-time ever, with the fate of millions of American jobs on the line, Bankruptcy Court has the potential of becoming just as interesting as a murder trial. At least that is what the producers of the popular Court TV are banking on.

"I beg to differ," said a producer of "Bankruptcy Court TV". "I think viewers will be tuning into a good old fashion, nail biting, hang on the edge of your seat murder trial: Nothing less than the homicide trial of one of the last great private employers in this country, the America automotive industry."

Not to mention the UAW and some 80,000 retirement pensioners that hang in the balance of Lady Justice's scales.

"It's a real David and Goliath story," said a financial advisor, who specializes in retirement investments. "Only the 80,000 retirement pensioners are the Goliath and David is the 50 or so secured credit holders of Chrysler. And we all know how that turned out."

The story above is a satire or parody. It is entirely fictitious.

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Topics: bankruptcy, Chrysler




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