Bondholders 'ripped off' in Chrysler/GM workout

The involvement of the US government in the restructuring processes for automakers Chrysler and General Motors highlights the rise of political risk for bondholders.

Bondholders are losing out in the restructuring of failing autos giants Chrysler and General Motors in the US. They are being forced to accept terms described as "abusive" by one analyst as a war of words has broken out between the White House and creditors of the two troubled firms.

President Barack Obama described Chrysler

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free registration? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here