Tag Archive for 'Bailout'

We got the loans, now what?

January 6th, 2009 • by David Zatz

The White House finally came through with $4 billion of moderate-interest loans for Chrysler; adjusted for inflation, if those were never paid back, they might come close to what Chrysler saved the government in World War II through their engineering prowess. (Quadruple the amount, and they might be even for Chrysler’s honesty in not inflating [...]

Tags: Bailout, government, loans.
Bailout,Chrysler Corp

13 Comments

Let’s hand it to Cerberus

December 23rd, 2008 • by David Zatz

Cerberus has been an interesting owner for Chrysler. The roller-coaster ride that started in 1923 continued under their reign, accelerated to sometimes-absurd speeds. Their love for secrecy led to an overactive grapevine, especially as they combined it with a new openness in other areas. Their high-profile hires were sometimes exceptional (Jim Press) and sometimes awful [...]

Tags: Bailout, Cerberus, challenger, chrysler, loans, merger, nardelli.
Chrysler Corp,Post-DCX

2 Comments

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