Chrysler corporation loan guarantee board

Reference no: EM131014949

In 1979, Congress passed the Chrysler Corporation Loan Guarantee Act to keep the Chrysler Corporation in business and out of bankruptcy. The act established the Chrysler Corporation Loan Guarantee Board, made up of top federal officials, to oversee Chrysler's bailout. The meetings of this board necessarily involved sensitive discussions about Chrysler and its status. Would the meetings be covered under the Sunshine Act and thus open to the public? [Symons v. Chrysler Corp. Loan Guarantee, 670 F.2d 238 (D.C. 1981).]

Reference no: EM131014949

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