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Old 05-19-2009, 04:55 PM   #1
XDCX
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Default Chrysler Financial may continue as Stand-Alone lender

Bloomberg is reporting that Cerberus is evaluating their plans for Chrysler Financial and one of the options under review is to continue in the auto finance business as a stand-alone lender.

The article noted that Chrysler Finance bonds have increased in value since the company severed their relationship with Chrysler.

Here's a link to the news report: http://www.bloomberg.com/apps/news?p...VLI&refer=home

I wonder if this has anything to do with the GMAC delays referenced in another thread?
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