Auto Industry Oversight Trickling Down to Dealers [View article]
Never forget that GM and Chrysler are in fact owned by the Gov't and will be until an IPO comes about which I believe is still years down the road. Keep Barney Frank out of everything. It was Barney and Chris Dodd who were responsible for the mortgage crisis. We don't need regulation, people should just stop buying what they can't afford and signing documents they either didn't read or don't understand. My father's generation never had these problems. They paid cash for everything. If you did not have the money to pay for it you didn't buy it. Wow what a concept.
I think McCain would want the merger, my point is if the Republican Administration (Bush) helps out a private equity company, Cerberus Capital Managment (owners of Chrysler) it would be more fodder for the democrats. If loan guarantees are going to happen they will happen after the election.
GM-Chrysler Merger: A Disastrous Deal? [View article]
I would say Kudo's to mgmt team of both firms for at least looking at the possiblity. That is what the stockholders "owners" would want them to do. Also your comment about Chrysler going bankrupt? Since they are a privately held firm where are you getting your information, Crystal Ball?
Auto Industry Oversight Trickling Down to Dealers [View article]
The Case of the Dissident Chrysler Creditors [View article]
Can Chrysler Survive without GM? [View article]
Can Chrysler Survive without GM? [View article]
GM-Chrysler Merger: A Disastrous Deal? [View article]