April 22nd, 2009 • by David Zatz
It’s time for Cerberus to start acting like patriots, instead of simply claiming patriotism. They need to give up on making a big profit from Chrysler – which is to say, they need to give up part of their stake in Chrysler Financial, and to dismiss any executive who will not limit their salary as [...]
March 30th, 2009 • by David Zatz
One of the interesting things about the government report on Chrysler is how it has been received. Those who oppose aid to automakers slammed it for not demanding that Chrysler and GM immediately be put into bankruptcy, but most of the critiques I’ve read have been from Chrysler supporters. They had some choice words for [...]