Looks like Cerberus is jumping ship and washing it's hands of Chrysler

http://www.freep.com/article/2008122...310/1002/rss02

http://www.bloomberg.com/apps/news?p...d=am0FQ00tp4A0

http://www.freep.com/article/2008121...19070/-1/rss07

I don't know if this is good or bad.

 

At this point, all I want is the company to stay alive.

 

No kidding man. This aint good, I dont believe. So whats the next step in survival for Chrysler? Wish I had about 30-40 billion to throw at it; buy it, and invest in vehicles that people would be clamoring to buy...top quality, top performing, make some of the best cars in the world. Man, I dont know whats gonna come of this whole situation

 

I'd like to go up to Cerberus and kick every one of them right in the nads!!!

 

I am not sure if this is good or bad, I don't quite understand who now owns Chrysler.

 

Cerberus owns 81%. Daimler owns 19%.