Chrysler's been bought out

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Zentelis
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Joined: Fri Mar 02, 2007 11:45 pm

Chrysler's been bought out

Post by Zentelis »

http://news.yahoo.com/s/ap/20070514/ap_ ... r_cerberus

Looks like the Germans don't want the anchor anymore.

Can Motor-City get any more chaotic? GM's #2, Chrysler's being flipped like a flapjack..
sheesh.
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Terry
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Re: Chrysler's been bought out

Post by Terry »

Am I the only one thinking this is a good thing? It looks like LaSorda will be running the show at least for a while (considering Wolfgang Bernhard has tight ties with Cerberus it'll just be a matter of time before he's in). LaSorda was behind a lot of high HP concepts including the Tomahawk which was pretty much insanity on wheels.

Terry
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1991 Dodge Stealth ES - 12.65 @ 112.71 - Not Exactly Stock
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Zentelis
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Re: Chrysler's been bought out

Post by Zentelis »

I don't know if it's good or not..i know nothing about Cerberus, I just see this buy-out as another destabilizing event in detroit :( I'm sure it will even out eventually, then we'll see if it was a good thing or not.
btw, my apologies if I inferred that this is a bad thing, i didn't mean to! I didn't mean to infer anything =)

It's like big kids playing in a sandbox.
Yesterday:
"I'll trade you my matchbox car for your pack of bubble gum"

Today:
"I'll trade you my Chrysler corporation for your bubble gum conglomerate"
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