It's come to this: the German owner of Chrysler, bleeding cash and facing untold billions in retiree health-care costs, will shell out $1.5 billion to get a private-equity firm to take the automaker off its hands.

Related Stories

• Obama offers universal health care plan
• Chrysler Should Have Followed Road Map for Success to Poland
• LEE, 31, AND CACERES, 30
• CNN’s Analysis: ‘Sicko’ numbers mostly accurate; more context needed
• DreamWorks Deal a Fantasy Made True
• GAGS FOR KIDS
• Tobacco giants ‘targeted African children to boost flagging profits’
• The Many Costs of a Promise Not Yet Kept
• Bush Supports 0B Iraq War Compromise
• PULSE SALES