Quote:
Originally Posted by tw
Chrysler recently had to tap a credit line for $2billion implying that Chrysler had burned through its reserve cash. Well, when AT&T was in this position, nobody noticed. And AT&T was publically traded - its spread sheets were public record. If Chrysler is on the verge of bankruptcy, would anyone notice before the crash?
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I found the word "had" to be an interesting choice of yours. One would think that "chose" would be more appropriate for one who does not make assumptions.
Perhaps the "chose" to borrow money because of the lower interest rates.