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Sad story but it sounds like there is a little more to the story than just this letter. You can't blame it on Obama although he is an easy scapegoat for this sort of thing.
Chrysler deserved to go bust, they have not put out one car that is worth buying as an alternative to a Japanese made car, plain and simple. If you can't keep up with the competition you go out of business. The fact that they are transferring ownership of the dealer to another dealer sounds a bit strange but if they were not meeting the sales quotas required to run a dealership then the only people to blame is yourself. You signed a contract with Chrysler and I am sure there is some fine print that says if they want to pull out than they have every right to do that.
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