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 [...]
November 20th, 2008 • by David Zatz
Nobody asked me for my opinion, but then, I didn’t ask Mitt Romney, Michael Moore, Rush Limbaugh, or any other big-mouths for their opinions, either.
Incidentally, the auto industry economists DID clearly see economic troubles coming, at least six months before it did. Ford and Chrysler acted. GM did not.
So here are my conditions for loans [...]