Memo To Chrysler: Pay Off Some Debt

Regarding your article "Kerkorian to Chrysler: It's payback time" (News: Analysis & Commentary, Nov. 28), it concerns me that Chrysler is about to be forced to address the desires of a greedy individual at the expense of other shareholders. I would use the excess cash to pay down debt until Chrysler has a triple-A credit rating. During this process, the borrowing costs would be reduced, and Chrysler could then use the increased amount of cash to purchase stock and possibly raise the dividend.

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