Required 1. One alternative to the sale of Chrysler was to cease operations and then liquidate (sell) the firm's remaining assets. Chrysler did have a potentially valuable Auburn Hills, Michigan, headquarters building (although there is demand for office space in the Detroit area). Discuss whether Chrysler should have been liquidated. 2. In its lawsuit, attorneys for the state of Indiana stated that the harm from sho preference to unsecured creditors such as the UAW, over secured creditors as the state of Indiana pension funds, might do far more long-run damage to U.S. economy than any short-term harm from the loss of jobs from liquidating Chrysler. Do you agree or disagree with that statement? As part of your anal discuss the harm that would arise from showing preference to unsecured creditors over secured creditors. 3. Were there alternatives to the government's preferred bankruptcy structure would have satisfied the state of Indiana pension funds? Explain. 4. Chrysler exited bankruptcy with all its debt cancelled, and GM may soon tol suit. Will that give GM and Chrysler an unfair advantage over Ford? Explain