NEW YORK (AQ): So the Italian error (yes era) in American automotive business has begun. Chrysler-Fiat has been approved for the formal restructuring of one of America’s biggest dissapointments. Looking forward to driving a faster, less fuel efficient Jeep any day now: probably wont happen too fast. Just don’t shell out money for an auto company bond thinking that you will get a return on your money. Secured creditors at Chrysler had zero claim to their rights under the American legal system. You could say they got an automotive style cleaning.