Cerberus

Cerberus Agrees To Give Up 80% Stake In Chrysler

New York Times | LOUISE STORY | Posted 05.01.2009 | Business


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 ...

Fiat Says "Buon Giorno!" to Chrysler

Matthew DeBord | Posted 02.23.2009 | Business


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.

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

Dennis O'Brien | Posted 02.09.2009 | Business


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.

Bailing Out Dan Quayle

Paul Jenkins | Posted 01.14.2009 | Business


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.

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

Chris Kelly | Posted 12.19.2008 | Business


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.

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

Steve Parker | Posted 11.21.2008 | Business


Steve Parker

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

Detroit's inferiority complex needs change before public will buy

Steve Parker | Posted 10.27.2008 | Business


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...

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

Steve Parker | Posted 09.27.2008 | Business


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.

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

Steve Parker | Posted 07.23.2008 | Business


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.

Nardelli: Pedal To The Metal At Chrysler

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...

Alan Greenspan Joins Hedge Fund

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...

Top 10 Worst Business Deals

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...