Word: chapter
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...Chrysler bankruptcy makes a bankruptcy at GM harder because the American consumer may only be able to deal with the Chapter 11 of one of its auto companies, particularly the one that is the smallest of the three. But the consumer will almost certainly be forced psychologically, if GM fails as well, to purchase automobiles only from companies which are viewed as financially stable. That means that foreign car companies will have an even greater advantage than they do now. Chrysler lost 48% of its sales in April compared with the same month as last year. Domestic sales dropped...
...There are other practical problems that make a government-imposed Chapter 11 on GM much more troublesome than Chrysler's. The most financially pressing of these are the country's auto parts suppliers. They are facing extended plant closings at all three of the car companies and the bankruptcy filing of Chrysler. Pushing GM into court and risking an extended fight could cut the flow of orders to suppliers by enough that it would ruin a large number of the businesses. These businesses supply the assembly lines of foreign and domestic car manufacturing facilities around the country. The suspension...
...Series and serials. For 40 years or so, movie theaters lured the kids with Saturday matinees, often featuring a thrillingly primitive 12- or 15-chapter serial. TCM revived the tradition earlier this year by showing two 1930s Zorro serials, a few chapters each week. They've also opened the vaults to show B-movies detective series from the '40s: Sherlock Holmes, the Crime Doctor, the Whistler and the Lone Wolf sleuth again...
...Administration may have alleviated some people's concerns about the auto industry by saying that Chrysler will be okay. Customers won't be able to tell that Chrysler is in bankruptcy. The government will steer it through the Chapter 11 process in a matter of weeks. Not everyone agrees with this. Skeptics about the Administration's plan may outnumber believers. (See Chrysler's Top 10 Moments...
Next year, Shafrin plans to move to New York City and embark on a new chapter in his theatrical career, and friends say the skills he demonstrates in Cambridge will be assets in the City. “I think Barry is really secure in his talents,” Rich says. “He’s extremely talented, and brings a very chill, fun, confident vibe to any show that he is involved...