If Chrysler is really on track for a turnaround and all it needs is some financing to get over a bad patch in sales and debt markets, why doesn’t Cerberus Capital Management, which owns 80 percent of the company, put up the money itself? Why should taxpayers have to take the risk? That’s what private equity funds like Cerberus are supposed to do.
read more | digg story
Subscribe to:
Post Comments (Atom)
9-11-2026
Iran likely to reverse-engineer captured US underwater drone Europe will go it alone on Venus mission after NASA yanks radar instrument. E...
-
The Pentagon Just Threw Larry Ellison a $7 Billion Lifeline. Will It Be Enough to Stop the Oracle Crash? White House offers its science bl... -
Is it illegal to trick the US government into wiping your phone during a questionably legal search | The case of a traveler who allegedly en... -
High school teacher arrested for clapping in support of anti-data center activists SpaceX Stock Hammered After Starship Booster Fails in F...
No comments:
Post a Comment