Cerberus Agrees To Give Up 80% Stake In Chrysler
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 ...
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 ...
Matthew DeBord | Posted 02.23.2009 | Business
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.
Dennis O'Brien | Posted 02.09.2009 | Business
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.
Paul Jenkins | Posted 01.14.2009 | Business
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.
Chris Kelly | Posted 12.19.2008 | Business
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.
Steve Parker | Posted 11.21.2008 | Business
There's good news, bad news and -- finally -- some smart, encouraging news by and for American drivers.
Steve Parker | Posted 10.27.2008 | Business
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...
Steve Parker | Posted 09.27.2008 | Business
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.
Steve Parker | Posted 07.23.2008 | Business
That the Detroit Three have to build cars and trucks which make sense now and in the future, and which Americans want to buy.
BusinessWeek | Alex Taylor III | Posted 03.28.2008 | Business
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...
Reuters | Posted 03.28.2008 | Business
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...
Time | Bill Saporito | Posted 03.28.2008 | Business
#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...
New York Times | LOUISE STORY | Posted 05.01.2009 | Business