Cerberus

PHOTOS: Rankin And Damien Hirst Present ʻMyths, Monsters And Legendsʼ

Posted 12.26.2011

Read More: Legends, Rankin Gallery, Dani Smith, Monsters, UK Art, Los Angles Art, Cerberus, Myths, Damien Hirst, Rankin, Los Angeles, UK Arts, John Rankin Waddell, Rankin Gallery La, Arts News

Damien Hirst has teamed up with photographer and long-time friend Rankin at Rankin Gallery LA for a new show. "Myths, Monsters And Legends" is the duo...

Read Whole Story

Cerberus Agrees To Give Up 80% Stake In Chrysler

New York Times | LOUISE STORY | Posted 05.25.2011

Read More: Cerberus Capital Management, Cerberus, Cerberus Gives Up Chrysler, Stephen Feinberg, Cerberus Chrysler, Business News

For Stephen A. Feinberg, the long road back from the most disastrous investment of his career -- Chrysler L.L.C. -- began last week around a polished ...

Read Whole Story

Fiat Says "Buon Giorno!" to Chrysler

Matthew DeBord | Posted 05.25.2011

Read More: Chrysler, Fiat, Gianni Angelli, Lapo Elkann, Fiat 500, Cerberus, Detroit, Sustainable Mobility, Cars, Business News
Matthew DeBord

There have been rumblings about Americans being able to buy Fiats and Afla Romeos in Chrysler dealerships, but there've also been reports that Fiats and Alfas being rebadged as Chryslers.

Read Post

Snow, Quayle, Feinberg and Merkin: This Is Who Gets Our Bailout Money?

Dennis O'Brien | Posted 05.25.2011

Read More: Junk Bonds, Drexel Burnham Lambert, Chrysler, John Snow, Chrysler Bailout, Ezra Merkin, New York Law School, Gmac, Cerberus, Auto Bailout, Chrysler Cerberus, Cerberus Capital Management, Ascot Partners, Dan Quayle, Henry Paulson, Financial Crisis, Bernard Madoff, Nyu, Cerberus Capital, Ariel Mutual Funds, GMAC Bailout, Steve Feinberg, Congressional Bailout, Detroit Bailout, Business News
Dennis O'Brien

As a completely unregulated private equity partnership, Cerberus has no public reporting requirements. In fact, they are now refusing to disclose their finances even after the bailout.

Read Post

Bailing Out Dan Quayle

Paul Jenkins | Posted 05.25.2011

Read More: House of Representatives, Bail Out, Financial Bailout, Sherrod Brown, Aozora Bank, George W. Bush, Iraq, Colorado, Democratic Party, Wall Street Journal, Jared Polis, William Ford Sr, Aig, Auto Bailout, Mark Fields, Dan Quayle, Ohio, Real Estate, Republican Party, Gail Collins, Detroit, Steve Feinberg, Citigroup, John McCain, Florida, Gm, Alan Mulally, Private Equity, Ford, Condoleeza Rice, Congress, United Steelworkers, Cerberus, Japan, K2, Robert Rubin, Chrysler, Wall Street, Henry Ford, Michigan, Banking, IAP Worldwide Services, New York Times, Hillary Clinton, Chuck Schumer, Senate, Detroit Bailout, Business News
Paul Jenkins

The battle over the bailout of some segments of the US auto industry has become increasingly defined in terms of class, but this hides the fact that the same type of players will benefit from both bailouts.

Read Post

What's Good for Cerberus Capital Managment Is Good for America

Chris Kelly | Posted 05.25.2011

Read More: Automakers, Detroit Automakers, Automaker Bailout, Ford, Chrysler, General Motors, Auto Industry, United Auto Workers, Cerberus, Cerberus Capital, Business News
Chris Kelly

Autoworkers are aces with me. And so are cars. Very useful for getting around. That said, there are only two reasons to save an American car company: Nostalgia and nativism. And neither of those is a very good reason.

Read Post

NHTSA: Ford's Chinese Tire Troubles; Kerkorian Selling Ford; Unsafe Knock-Offs; Americans Driving Less

Steve Parker | Posted 05.25.2011

Read More: Lee Iacocca, Lincoln MKX, Taiwan, Chrysler, Ford Mustang, Cars, China, 2008 Beijing Olympics, China Products, Mercury Grand Marquis, Daimler, Los Angeles Auto Show, Specialty Equipment Market Association, Chinese Exports, Munich, Nhtsa, Ford Focus, Nbc, Chrysler PT Cruiser, Toyota, Gm, Ford F-150, Shanghai Baolong Automotive, National Highway Traffic Safety Administration, Cerberus, Las Vegas, Ford Motor Co, Ford Explorer, Ford Expedition, Ford Escape, Kirk Kerkorian, Big Willie Robinson, Ford Fusion, Harry Reid, Ford Edge, Taiwanese, Sema, Automechanika, Frankfurt, Business News
Steve Parker

There's good news, bad news and -- finally -- some smart, encouraging news by and for American drivers.

Read Post

Detroit's inferiority complex needs change before public will buy

Steve Parker | Posted 05.25.2011

Read More: Hot Rod, Tesla Motors, Gm, Rick Wagoner, Detroit Three, Lotus, Cerberus, Ford Motor Co, Motor Trend, Chrysler Cars, Cars, Car Craft, Chevrolet Volt, Santa Monica Daily Press, Sen. Carl Levin, General Motors, West Los Angeles, Jeep, Whipnotic, Business News
Steve Parker

An observation, or two: Last week, General Motors rolled-out the latest version of their plug-in gas/electric hybrid Chevrolet Volt for the corporati...

Read Post

$50 Billion for the Detroit Three: Yea or Nay?

Steve Parker | Posted 05.25.2011

Read More: White House, American Motors, Jaguar, Tesla Motors, Tata Motors, Chrysler, Buick, Andrew Card, Dodge Viper, Cars, Arnold Schwarzenegger, Humvees, General Motors, Nascar, Nissan, Carl Levin, Hummer, Saabs, Kurt Busch, Range Rover, Bob Nardelli, Toyota, Gm, Carlos Ghosn, Santa Monica Airport, Detroit Three, Ford, Chevrolet, AM General, Volvo, Barack Obama, Cerberus, Pontiac, Cadillac, h3, H1, H2, Avanti, Cancun, Mishawaka, Studebaker, Gmc, Shreveport, Business News
Steve Parker

Should Chrysler, or two of the car-makers or even all three go bust, then, this time, the American people will pay the price, both literally and figuratively.

Read Post

The Detroit Three --- Making Any Relevant Cars or Trucks?

Steve Parker | Posted 05.25.2011

Read More: Saturn, Corporate Average Fuel Economy, Malibu, Gas/Electric Hybrid, Honda, CAFE Standards, Dodge Ram, Plymouth, General Motors, Dodge Challenger, Ev1, Mercury Mariner, Crossfire, Bob Nardelli, Jeep Wrangler, Plug-in Hybrids, President Bush, Detroit, Energy, Dodge Sprinter, Dodge, Gasoline, Gm, Alan Mulally, Ford, Detroit Three, Burbank, Chevrolet, Honda Hybrid, Hybrid Hemi, Cerberus, National Highway Traffic Safety Administration, Corvette, Chrysler, Chevrolet Volt, Bmw, Bill Ford, Ford Escape, Hemi, Viper, Nhtsa, Volt, Jeep, Detroit Auto Show, Business News
Steve Parker

That the Detroit Three have to build cars and trucks which make sense now and in the future, and which Americans want to buy.

Read Post

Nardelli: Pedal To The Metal At Chrysler

BusinessWeek | Alex Taylor III | Posted 05.25.2011

Read More: Plastech, Bob Nardelli, Chrysler, Collins & Aikman, Cerberus, Business News

Everyone figured changes were coming when Cerberus bought Chrysler and put former GE executive Bob Nardelli in charge last August. But no one could ha...

Read Whole Story

Alan Greenspan Joins Hedge Fund

Reuters | Posted 05.25.2011

Read More: John Paulson, John Snow, Greenspan Hedge Fund, Federal Reserve, D.E. Shaw, Hedge Funds, Alan Greenspan, Lawrence Summers, Cerberus, Business News

Hedge fund manager John Paulson, who earned billions of dollars last year by betting against the housing market, said on Tuesday that former Federal R...

Read Whole Story

Top 10 Worst Business Deals

Time | Bill Saporito | Posted 05.25.2011

Read More: Harman, Microsoft, Och-Ziff Capital Management, Everquest Financial IPO, John Snow, Abu Dhabi, Fortress Investment Group, Facebook, Cerberus, Blackstone Group, Goldman Sachs, DaimlerChrysler, Countrywide, Citibank, J.C. Flowers, Countrywide Financial, Mark Zuckerberg, Sallie Mae, Bear Stearns, United Rentals, KKR, Business News

#1. The Public Invests in Blackstone Group It was only a matter of time before the private equity firms let the public in on the game -- for an infla...

Read Whole Story