WASHINGTON — When Chrysler teetered on the brink of bankruptcy in 1979, the automaker spent months building support for a $1.5 billion loan guarantee that helped save the company and tens of thousands ...
In 1979, Chrysler Corporation, the third largest US automaker, hovered on the verge of collapse, a victim of sharply declining revenue and cash-on-hand that had reached the level of threatening daily ...
LANCASTER, Pa. (AP) - In 1979, Hollis Stambaugh was in her fifth year as a city planner and emergency manager in Lancaster. On Wednesday, March 28, the city received notice of “a pretty serious ...
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