Chrysler sale gets the green light

WASHINGTON/DETROIT: The US Supreme Court on Tuesday cleared the way for the sale of Chrysler LLC to Italy's Fiat.

In a victory for the Obama administration driving the restructuring of bankrupt Chrysler, the court denied a request from Indiana pension funds to delay the sale to a group led by Fiat, a union-aligned trust and the US and Canadian governments.

The White House welcomed the high court's action.