In a move that current chairman Dr. Z says is in the “best interest of the workers,” DaimlerChrysler agreed to sell the company for $7.4 to private equity firm Cerberus Capital Management. (Cuz you just know hedge fund managers know how to make cars.) Guess over-powered nitro spots are no match for a bloated pension fund. And speaking of greed, yes, there is a Wall Street sequel in the works.
Tags: Cerberus, Dr. Z, DaimlerChrysler,
Gordon Gekko
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