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  1. Join Date
    Sep 2003
    Posts
    25,184
    #11
    Quote Originally Posted by tidus1203 View Post
    Also here is another thing, the private equity firm who owns Chrysler right now Cerberus does not even want to put more money into the company. If Chrysler has a viable plan (they did make a plan and present one to the Senate) and I am sure Cerberus knows of its plan (being the owner) then why isn't Cerberus bailing them out using private money? The answer. Cerberus is not confident of investing even more money, they have already lost a lot of money as it is. Only government money is stupid enough to invest in failing companies private money won't even touch it.
    Hehe...I mentioned it earlier 4 replies ago. Lucky for Daimler Benz that they dumped Chrysler when they did. Na affect ung bottomline nila because of the bottomless Chrysler pit. Also the Mercedes badge was being affected, being associated with Chrysler.

    If they were still stuck with Chrysler now, no way they can sell it...
    Last edited by Monseratto; December 8th, 2008 at 08:51 PM.

GM in trouble