Comments on: Cerberus defends not spending more on Chrysler

By: holstein hore ).( ).(

holstein hore ).( ).( — Tue, 03 Mar 2009 10:20:29 +0000

Remember rover , bought by BMW , sold to a privateer , went down the shooter big time .

remember chrysler , bought by daimler benz , sold to a privateer , went down ########## .

dejavu

By: davie

davie — Tue, 03 Mar 2009 09:32:37 +0000

GM seems to be swallowing in debt multiple times its value but Chrysler seems to be going nowhere. Fiat may keep it alive but for how long?

By: alec

alec — Tue, 03 Mar 2009 00:27:17 +0000

Would I be wrong in suggesting that many so called Capital Management ‘organisations’ make their money by acquiring companies, stripping the assets, reducing development/future investment and generally displaying greed without a ‘real’ interest for that particular companies long term future??

I believe SOME of these capital management companies are as responsible for the demise of many companies globally

By: Frontman

Frontman — Tue, 03 Mar 2009 00:08:06 +0000

How can Cerberus be expected to put in more money when they have to pay out bonuses like the ones to GMAC (of which Cerberus owns roughly half) Executives even when the company is failing????

By: Elitist

Elitist — Mon, 02 Mar 2009 23:57:54 +0000

Everyone knows their cars are rubbish and noone wants to risk their money. So its the tax payers that will burn their money away without a say…I can smell a Mike Moore film soon.