Comments on: Cerberus offers to forfeit Chrysler equity http://www.caradvice.com.au/19975/cerberus-offers-to-forfeit-chrysler-equity/ Resource for Car Reviews, News, Advice, Road Tests, Green Cars, Hybrids Sat, 11 Feb 2012 16:57:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: dioge http://www.caradvice.com.au/19975/cerberus-offers-to-forfeit-chrysler-equity/#comment-107941 dioge Tue, 23 Dec 2008 02:22:51 +0000 http://www.caradvice.com.au/19975/cerberus-offers-to-forfeit-chrysler-equity/#comment-107941 Of course, because highly wealthy private equity firm, Cerberus, is in the business of banks and $$$. They are run by Bush Sr's former VP Dan Quayle and Bush Jr's former Secretary of Treasury, and own Aozora Bank in Japan and BawagPSK Bank in Austria. With the help of Bush Jr's current Secretary of Treasury Henry Paulson, Cerberus has gotten part of the US Treasury giveaway for Chrysler. Cerberus wants to let Chrysler dissolve, but keep Chrysler Financial. GMAC Financial, also owned by Cerberus, is desperately coercing its stakeholders to raise money so that GMAC can become a bank-holding company and thus also get a piece of the US Treasure Chest giveaway. Time has been running out for Cerberus, because Bush, Paulson, and access to their Treasure Chest, will be gone soon. Dan Quayle has been running Cerberus for many years, but Cerberus obtained John Snow, Alvaro de Molina (from Bank of America), Chrysler/Chrysler Financial, and GMAC all within 1 year. Cerberus never wanted to maintain Chrysler, but once they've picked all the meat off, they will discard the bones (employees, stakeholders, etc). Cerberus has bought many distressed companies for cheap and led them into bankruptcy, where they can slide meat off more easily. Happy Holidays Cerberus and Junya! Of course, because highly wealthy private equity firm, Cerberus, is in the business of banks and $$$. They are run by Bush Sr’s former VP Dan Quayle and Bush Jr’s former Secretary of Treasury, and own Aozora Bank in Japan and BawagPSK Bank in Austria. With the help of Bush Jr’s current Secretary of Treasury Henry Paulson, Cerberus has gotten part of the US Treasury giveaway for Chrysler. Cerberus wants to let Chrysler dissolve, but keep Chrysler Financial. GMAC Financial, also owned by Cerberus, is desperately coercing its stakeholders to raise money so that GMAC can become a bank-holding company and thus also get a piece of the US Treasure Chest giveaway. Time has been running out for Cerberus, because Bush, Paulson, and access to their Treasure Chest, will be gone soon.
Dan Quayle has been running Cerberus for many years, but Cerberus obtained John Snow, Alvaro de Molina (from Bank of America), Chrysler/Chrysler Financial, and GMAC all within 1 year. Cerberus never wanted to maintain Chrysler, but once they’ve picked all the meat off, they will discard the bones (employees, stakeholders, etc). Cerberus has bought many distressed companies for cheap and led them into bankruptcy, where they can slide meat off more easily.

Happy Holidays Cerberus and Junya!

]]> By: Tom http://www.caradvice.com.au/19975/cerberus-offers-to-forfeit-chrysler-equity/#comment-107657 Tom Mon, 22 Dec 2008 00:05:15 +0000 http://www.caradvice.com.au/19975/cerberus-offers-to-forfeit-chrysler-equity/#comment-107657 GM and Ford make such good products challenger aside, i cant think of a car in the single Chrysler range that appeals to me. GM and Ford make such good products

challenger aside, i cant think of a car in the single Chrysler range that appeals to me.

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