“Chrysler Bankruptcy” Please respond to the following:

• Chrysler’s secured creditors contended that their settlements were far less than those of the unsecured creditors. From the e-Activities, evaluate the difference between the legal claims of secured creditors compared to unsecured creditors, and develop an argument for why unsecured creditors may have received favorable status in the Chrysler case based on the legal claims established by the U.S. bankruptcy law. Determine the impact of this apparent inequity on the financial markets. Support your position. 

• Predict the overall impact on the U.S. economy if the government had not bailed out the automobile industry. Take a position as to whether or not the bailouts worked and if letting the auto industry fail would have had a significant impact on the financial markets. Support your position.

Please make sure each bullet point is one or two paragraph long.