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Spending Cuts are NOT Enough!

We are Out of Options!

Chrysler Board Meeting: November 1980

Congress: "Ok but we want stock more options, ownership of all your assets, control over your accounts, a guy on your staff, guaranteesfrom all your banks, and the kitchen sink!"

Lee: "Saving the Chrysler Corporation will ensure millions of Americans can keep their jobs. I am confident that these loans will give us the help we need."

I can't take another pay cut!

Lee Iacocca Saves the Chrysler Corporation!



He's done it again!

That's the American Way!

Chrysler Board Meeting: November 2009
  1. Our Designs are dull
  2. Sales have plummeted
  3. The economy is tanking

Bankruptcy is not an option! Our reputation is at stake!

Let it go under. Imagine the roads with fewer cars. 

Obama: "Uh... well... mmmm... Okay! Since it's my decision, here is $17 billion under T.A.R.P., please merge with Fiat, and let this team of business investors restructure you. Y'all gotta get with the times..."

Chrysler: "Think you could help us out? We are all suffering out here. We don't want to fail, but bankruptcy may help us bounce back stronger..."

I guess we work for Europe now...

Chrysler Cops Out to a European Buyout

Where's Iacocca
Create your own at Storyboard That

Spending Cuts are NOT Enough!

We are Out of Options!

Chrysler Board Meeting: November 1980

Congress: "Ok but we want stock more options, ownership of all your assets, control over your accounts, a guy on your staff, guaranteesfrom all your banks, and the kitchen sink!"

Lee: "Saving the Chrysler Corporation will ensure millions of Americans can keep their jobs. I am confident that these loans will give us the help we need."

I can't take another pay cut!

Lee Iacocca Saves the Chrysler Corporation!



He's done it again!

That's the American Way!

Chrysler Board Meeting: November 2009
  1. Our Designs are dull
  2. Sales have plummeted
  3. The economy is tanking

Bankruptcy is not an option! Our reputation is at stake!

Let it go under. Imagine the roads with fewer cars. 

Obama: "Uh... well... mmmm... Okay! Since it's my decision, here is $17 billion under T.A.R.P., please merge with Fiat, and let this team of business investors restructure you. Y'all gotta get with the times..."

Chrysler: "Think you could help us out? We are all suffering out here. We don't want to fail, but bankruptcy may help us bounce back stronger..."

I guess we work for Europe now...

Chrysler Cops Out to a European Buyout

Where's Iacocca
Create your own at Storyboard That

Spending Cuts are NOT Enough!

We are Out of Options!

Chrysler Board Meeting: November 1980

Congress: "Ok but we want stock more options, ownership of all your assets, control over your accounts, a guy on your staff, guaranteesfrom all your banks, and the kitchen sink!"

Lee: "Saving the Chrysler Corporation will ensure millions of Americans can keep their jobs. I am confident that these loans will give us the help we need."

I can't take another pay cut!

Lee Iacocca Saves the Chrysler Corporation!



He's done it again!

That's the American Way!

Chrysler Board Meeting: November 2009
  1. Our Designs are dull
  2. Sales have plummeted
  3. The economy is tanking

Bankruptcy is not an option! Our reputation is at stake!

Let it go under. Imagine the roads with fewer cars. 

Obama: "Uh... well... mmmm... Okay! Since it's my decision, here is $17 billion under T.A.R.P., please merge with Fiat, and let this team of business investors restructure you. Y'all gotta get with the times..."

Chrysler: "Think you could help us out? We are all suffering out here. We don't want to fail, but bankruptcy may help us bounce back stronger..."

I guess we work for Europe now...

Chrysler Cops Out to a European Buyout

Where's Iacocca
Create your own at Storyboard That

Spending Cuts are NOT Enough!

We are Out of Options!

Chrysler Board Meeting: November 1980

Congress: "Ok but we want stock more options, ownership of all your assets, control over your accounts, a guy on your staff, guaranteesfrom all your banks, and the kitchen sink!"

Lee: "Saving the Chrysler Corporation will ensure millions of Americans can keep their jobs. I am confident that these loans will give us the help we need."

I can't take another pay cut!

Lee Iacocca Saves the Chrysler Corporation!



He's done it again!

That's the American Way!

Chrysler Board Meeting: November 2009
  1. Our Designs are dull
  2. Sales have plummeted
  3. The economy is tanking

Bankruptcy is not an option! Our reputation is at stake!

Let it go under. Imagine the roads with fewer cars. 

Obama: "Uh... well... mmmm... Okay! Since it's my decision, here is $17 billion under T.A.R.P., please merge with Fiat, and let this team of business investors restructure you. Y'all gotta get with the times..."

Chrysler: "Think you could help us out? We are all suffering out here. We don't want to fail, but bankruptcy may help us bounce back stronger..."

I guess we work for Europe now...

Chrysler Cops Out to a European Buyout

Where's Iacocca
Create your own at Storyboard That

Spending Cuts are NOT Enough!

We are Out of Options!

Chrysler Board Meeting: November 1980

Congress: "Ok but we want stock more options, ownership of all your assets, control over your accounts, a guy on your staff, guaranteesfrom all your banks, and the kitchen sink!"

Lee: "Saving the Chrysler Corporation will ensure millions of Americans can keep their jobs. I am confident that these loans will give us the help we need."

I can't take another pay cut!

Lee Iacocca Saves the Chrysler Corporation!



He's done it again!

That's the American Way!

Chrysler Board Meeting: November 2009
  1. Our Designs are dull
  2. Sales have plummeted
  3. The economy is tanking

Bankruptcy is not an option! Our reputation is at stake!

Let it go under. Imagine the roads with fewer cars. 

Obama: "Uh... well... mmmm... Okay! Since it's my decision, here is $17 billion under T.A.R.P., please merge with Fiat, and let this team of business investors restructure you. Y'all gotta get with the times..."

Chrysler: "Think you could help us out? We are all suffering out here. We don't want to fail, but bankruptcy may help us bounce back stronger..."

I guess we work for Europe now...

Chrysler Cops Out to a European Buyout

Where's Iacocca
Create your own at Storyboard That

Spending Cuts are NOT Enough!

We are Out of Options!

Chrysler Board Meeting: November 1980

Congress: "Ok but we want stock more options, ownership of all your assets, control over your accounts, a guy on your staff, guaranteesfrom all your banks, and the kitchen sink!"

Lee: "Saving the Chrysler Corporation will ensure millions of Americans can keep their jobs. I am confident that these loans will give us the help we need."

I can't take another pay cut!

Lee Iacocca Saves the Chrysler Corporation!



He's done it again!

That's the American Way!

Chrysler Board Meeting: November 2009
  1. Our Designs are dull
  2. Sales have plummeted
  3. The economy is tanking

Bankruptcy is not an option! Our reputation is at stake!

Let it go under. Imagine the roads with fewer cars. 

Obama: "Uh... well... mmmm... Okay! Since it's my decision, here is $17 billion under T.A.R.P., please merge with Fiat, and let this team of business investors restructure you. Y'all gotta get with the times..."

Chrysler: "Think you could help us out? We are all suffering out here. We don't want to fail, but bankruptcy may help us bounce back stronger..."

I guess we work for Europe now...

Chrysler Cops Out to a European Buyout

Where's Iacocca
Create your own at Storyboard That

Spending Cuts are NOT Enough!

We are Out of Options!

Chrysler Board Meeting: November 1980

Congress: "Ok but we want stock more options, ownership of all your assets, control over your accounts, a guy on your staff, guaranteesfrom all your banks, and the kitchen sink!"

Lee: "Saving the Chrysler Corporation will ensure millions of Americans can keep their jobs. I am confident that these loans will give us the help we need."

I can't take another pay cut!

Lee Iacocca Saves the Chrysler Corporation!



He's done it again!

That's the American Way!

Chrysler Board Meeting: November 2009
  1. Our Designs are dull
  2. Sales have plummeted
  3. The economy is tanking

Bankruptcy is not an option! Our reputation is at stake!

Let it go under. Imagine the roads with fewer cars. 

Obama: "Uh... well... mmmm... Okay! Since it's my decision, here is $17 billion under T.A.R.P., please merge with Fiat, and let this team of business investors restructure you. Y'all gotta get with the times..."

Chrysler: "Think you could help us out? We are all suffering out here. We don't want to fail, but bankruptcy may help us bounce back stronger..."

I guess we work for Europe now...

Chrysler Cops Out to a European Buyout

Where's Iacocca
Create your own at Storyboard That

Spending Cuts are NOT Enough!

We are Out of Options!

Chrysler Board Meeting: November 1980

Congress: "Ok but we want stock more options, ownership of all your assets, control over your accounts, a guy on your staff, guaranteesfrom all your banks, and the kitchen sink!"

Lee: "Saving the Chrysler Corporation will ensure millions of Americans can keep their jobs. I am confident that these loans will give us the help we need."

I can't take another pay cut!

Lee Iacocca Saves the Chrysler Corporation!



He's done it again!

That's the American Way!

Chrysler Board Meeting: November 2009
  1. Our Designs are dull
  2. Sales have plummeted
  3. The economy is tanking

Bankruptcy is not an option! Our reputation is at stake!

Let it go under. Imagine the roads with fewer cars. 

Obama: "Uh... well... mmmm... Okay! Since it's my decision, here is $17 billion under T.A.R.P., please merge with Fiat, and let this team of business investors restructure you. Y'all gotta get with the times..."

Chrysler: "Think you could help us out? We are all suffering out here. We don't want to fail, but bankruptcy may help us bounce back stronger..."

I guess we work for Europe now...

Chrysler Cops Out to a European Buyout

Where's Iacocca
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Storyboard Description

Chrysler Bailout in the 80's versus the bailout of the early 2000's

Storyboard Text

  • Chrysler Board Meeting: November 1980
  • We are Out of Options!
  • Bankruptcy is not an option! Our reputation is at stake!
  • Spending Cuts are NOT Enough!
  • Lee: "Saving the Chrysler Corporation will ensure millions of Americans can keep their jobs. I am confident that these loans will give us the help we need."
  • I can't take another pay cut!
  • Congress: "Ok but we want stock more options, ownership of all your assets, control over your accounts, a guy on your staff, guarantees from all your banks, and the kitchen sink!"
  • Lee Iacocca Saves the Chrysler Corporation!
  • 
  • He's done it again!
  • That's the American Way!
  • Chrysler Board Meeting: November 2009
  • Our Designs are dullSales have plummeted The economy is tanking
  • Let it go under. Imagine the roads with fewer cars. 
  • Chrysler: "Think you could help us out? We are all suffering out here. We don't want to fail, but bankruptcy may help us bounce back stronger..."
  • I guess we work for Europe now...
  • Obama: "Uh... well... mmmm... Okay! Since it's my decision, here is $17 billion under T.A.R.P., please merge with Fiat, and let this team of business investors restructure you. Y'all gotta get with the times..."
  • Chrysler Cops Out to a European Buyout
  • Where's Iacocca
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