no, not burger king. the BK. bankruptcy. also known by me as their inevitable bankruptcy.
they stopped issuing their own leases because their borrowing costs are too high.
ever since they lost their one source of funding and decent car models (Mercedes, provider of the old E-class frame on which the Chrysler 300C and Dodge Magnum were built, sold them) and got bought by a company chin deep in subprime credit problems (Cerberus), they've been trending towards toast status.
i think the BK of Chrysler will come sooner than later and signal the bottoming of sentiment. i have no idea how their inevitable pleas for a bailout will be answered.
maybe Nissan, already planning on buying their next gen titans from Chrysler, will just buy the whole company instead.
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