I guess the real question would be; Who will buy Chrysler stock? And at what price? How are you going to be sure the government won’t step in again and screw you?

I certainly wouldn’t invest cash, and I sure a heck wouldn’t be borrowing money to make the deal.

It is interesting that the UAW has no desire to own the stock. Mayhaps they have memories of the union takeover of McLouth Steel here in lovely Detroit. The company staggered along for a few years after it became an “employee owned corporation” and died an ugly death in 1995, at a time when steel demand was going up.

I have heard for years from UAW guys that the “management is the problem” yet they have no desire to run the company. Odd.