After being tossed around like a ragdoll since, well, Daimler bought ‘em, it looks like Cerebus-owned Mopar is finally going tits up. Kinda. We’ll be getting the official word in about half an hour, but the juice is that talks with Chrysler’s debt holders — who are on their ass for $6.9 billion with a B — broke down and there’s no where left to go for the most ailingest of the Big 3 but Chapter 11. Will this be effecting Chrysler’s pending deal with Fiat? Apparently not. Looks like all the bankruptcy’s going to mean is that Chrysler’s creditors are getting hosed a little, though a judge will decide exactly to what tune. And those creditors are mostly hedgefunds anyhow, so no one really cares. And hey, if you are a bankrupt automaker, there’s no better bedfellow than Fiat. They been there, man. [Source: MSNBC.com]