Feinberg: Cerberus sticking with Chrysler

In an interview published in the Financial Times, Cerberus founder and CEO Stephen Feinberg says that, despite restrictions on how much it can invest in them, his company will not give up on Chrysler or GMAC.

“We always try to hang in – but not at the expense of being commercial,” Feinberg said. “As far as GMAC and Chrysler are concerned, we will hang in there as long as it takes. There is the feeling of a greater calling.”

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