July 22, 200817 yr Let's see....Cerberus and other private equity owneds Mervyn's Cerberus and GM are the owners of GMAC GMAC stopped approving orders of merchandise for Mervyn's And now Mervyn's faces bankruptcy So that leaves only one thing for Cerberus to do Cerberus going to pull the plug on Mervyn's So what makes some members here think Cerberus won't do the same to Chrysler.Chrysler needs $10 billion for Veba,plus Chrysler has debt due in 2010. More here Edited July 22, 200817 yr by Toyota.vs.GM
July 22, 200817 yr LOL!!!! Toss it in the Chrysler forum with the rest of the "speculation" posts there.... :AH-HA_wink:
July 22, 200817 yr Author LOL!!!! Toss it in the Chrysler forum with the rest of the "speculation" posts there.... :AH-HA_wink: No,because owns the other 49 percent of GMAC,and was the full owner of GMAC.
July 26, 200817 yr Mervyn's has been a crappy retailer for years..no surprise there. Not sure about Chrysler, be it looks like the Gap is next....
July 26, 200817 yr No,because owns the other 49 percent of GMAC,and was the full owner of GMAC. I know, but you'll get the "right crowd" in the other forum.... :AH-HA_wink: LOL!
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