January 23, 2009 at 13:15 PM EST
Chrysler Spends Taxpayer Money to Thank Taxpayers for Their Money
The Big 3 automakers are almost endearingly tone-deaf when it comes to public relations. Whether designing spectacularly undesirable cars that no one would want to buy or going begging for government handouts in private jets Chrysler GM (GM) and Ford (F) resemble nothing so much as the 3 stooges as far as their public image is concerned. The latest chapter in this particular black comedy: Chrysler has spent hundreds of thousands of dollars on full-page ads in the Wall Street Journal and USAToday in which the company thanks Americans for giving it a multi-billion dollar bailout. It clearly intends ...
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