The U.S. president could confirm the bankruptcy of Chrysler, which has been under discussion for months for their survival.
According to a senior official of the Government, Chrysler decided to rely on the bankruptcy law, a declaration of bankruptcy. ( Chrysler to file for bankruptcy )
The bankruptcy was decided after a group of creditors of the company car on Wednesday rejected a bid by the U.S. Treasury to revise downwards its receivables of about 7,000 million dollars will be 2,250 million Chrysler, explained senior official.
The Government had given to these creditors until 18:00 on Wednesday to accept the reduction of their rights of recovery.
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