Could Chrysler Go Bankrupt?

Without Daimler's cash reserves, ratings agencies warn that it wouldn't take a dramatic reduction in sales for Chrysler to risk default

The new Chrysler is getting its first taste of life without parent Daimler. The sale of Chrysler (DCX) to private equity giant Cerberus Capital Management hasn't gone through yet, but Standard & Poor's and Moody's Investors Service (MCO) have already rated the soon-to-be independent carmaker's debt as "junk," or below investment grade.

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