Friday, September 5, 2008

Mini-case on Cerberus from NY Times

Investments Are Faltering in Chrysler and GMAC - NYTimes.com: "...for Cerberus, named after the mythological three-headed dog who guards the gates of hell, the news keeps getting worse.On Wednesday, Chrysler, which owns the Jeep and Dodge brands, said its sales in the United States fell by a third in August ....The same day, GMAC, in which Cerberus holds a 51 percent stake, said it was trying to

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