Banks have had to postpone funds that would help finance the turnaround of Chrysler after investors did not come to agreement on terms of the deal. Forbes reports that the "banks, which include Goldman Sachs Group Inc. and JPMorgan Chase & Co., will instead fund the bulk of that debt from their own pockets." Cerberus (who bought Chrysler) and DaimlerChrysler (who sold it) will pay for the rest. This came as no suprise to the Street. Crises in the mortgage market have made investors wary about getting involved in deals with high-yield debt.

(Continue reading this story on Forbes)

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