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[Brian E. Buxton (BrianBuxton]

 Chrysler: Bankruptcy Objection Could Mean Liquidation

Michigan-based Chrysler LLC says meeting the demands of Indiana 
Treasurer Richard Mourdock's objection to bankruptcy proceedings will 
lead to the company's liquidation. Mourdock filed the objection based on 
Chrysler's proposal to pay secured creditors 29 cents on the dollar, 
which would affect three state funds. Chrysler notes its debt to the 
funds make up less than less than one percent of their assets and the 
loss would be significantly more if the company is forced into 
liquidation. Indiana Congressman Joe Donnelly (D-2) says Mourdock's 
objection could result in the loss of more than 5,000 jobs in Kokomo. 
Read More 
<http://click.news.growindiana.net/?ju=fe2e15777465067f7c1175&ls=fe2517727d6d067a711675&m=fef8107070620c&l=fec916747163067e&s=fe5c1175726504747017&jb=ffcf14&t=> 
Mourdock outlined his position in a recent conversation with Inside 
INdiana Business Host Gerry Dick.

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Brian E. Buxton, President



Buxton Motorsports, Inc. <http://www.buxtonmotorsports.com>

301 North Royal Ave.

Buxton Plaza

Evansville, IN 47715-2866

(812) 476-2281 x 209 office

(812) 760-5513 mobile



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President, Brian Buxton Enterprises, Inc. 
<http://www.buxtonmotorsports.com/storage-transportation.php>

Nationwide Enclosed Auto Transportation



Founder & Past President

SO. IN Region PCA