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showing us the new K-car, and all of the magazines had stories on how much better it was than anything else available that year...........When the loan guarantees were made.......................

But until those K cars were out for a couple of years, it was still a pretty big leap of faith to buy one. Consider the crap that magazines have "supported" in other years?
The loan guarantees just gave Chrysler's lenders protection, they were still no proof that the Company would be around for the buyers of the earliest K cars.

One or two bad years does not a bankrupt company, make.


but you are correct in that they better get it together eventually

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