Rumor – Chrysler might file for Chapter 11 next week. I am in charge of credit and collection for our company. We have a lot of customers who are direct suppliers for Chrysler. What would you do as Collections Manager to protect your company from Chrysler's risk?
Isn't it a bit late to be asking this question?
I have been saying the "Big 3" esp GM and Chrysler were in all probability were going to end up that way since the first bailout in 2008.
Your company should have had a risk manager on board a long time ago.
