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that would be all the companies had to pay. There could be no further retiree health care liability to companies.
In Chrysler's case, it was a $12 billion obligation. They had funded about $1 billion I think and I think there was
$12 billion left. It's an unsecured claim against the company. We could've wiped it out. We could've basically said, "You're down in the capital structure," I hope this
Listen to native speakers pronounce “Chrysler” in real conversational contexts with synchronized timestamps and subtitles.