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This says alot about Chrysler~
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Posted by: No Rice Allowed

http://www.businessweek.com/autos/c...0514_849359.htm

Just give it to them......

Posted by: LS1JAY

That's crazy!

Posted by: John

One good thing seems to have come out of it.

Cerberus Capital Management, L.P. is a U.S. based firm. Chrysler is U.S. owned again if this deal gets penned.

Posted by: The OLE MAN

Quote:

Originally Posted by John


	One good thing seems to have come out of it. Cerberus Capital Management, L.P. is a U.S. based firm.

Here is thier Portfolio:

Anything ring a bell

Not really a WHOS WHO in the world:

ACE Aviation Holdings
Aegis Mortgage
AerCap Aviation Solutions
Annexus
Aozora Bank
ATC Group Services, Inc.
Bank Leumi
Blue Bird
BlueLinx
boxclever
CTA Acoustics
EntreCap
Formica Corporation
GDX Automotive Inc.
GMAC LLC
Green Tree
GSW Berlin GmbH
Guilford Mills
Handel-Kredit Bankhaus
IAP Worldwide Services
Inovis
Kokusai Kogyo KK
LNR Property Corporation
Mervyn's Inc.
Multimax
North American Bus Industries
NewPage Corporation
Peguform Group
Rafaella Apparel Group
Showa Jisho Co. Ltd.
SLI Holdings Inc.
Sports Brands International
Spyglass Entertainment
Strategic Restaurant Acquisition Group
Talecris Biotherapeutics
Tandem Staffing Solutions, Inc.
TTL Equipment Management
Vanguard Car Rental Holdings LLC.

I think Chrylser is circling the bowl

The OLE MAN

Posted by: LS1JAY

Quote:

Originally Posted by The OLE MAN


	Here is thier Portfolio: Anything ring a bell Not really a WHOS WHO in the world: ACE Aviation Holdings Aegis Mortgage AerCap Aviation Solutions Annexus Aozora Bank ATC Group Services, Inc. Bank Leumi Blue Bird BlueLinx boxclever CTA Acoustics EntreCap Formica Corporation GDX Automotive Inc. GMAC LLC Green Tree GSW Berlin GmbH Guilford Mills Handel-Kredit Bankhaus IAP Worldwide Services Inovis Kokusai Kogyo KK LNR Property Corporation Mervyn's Inc. Multimax North American Bus Industries NewPage Corporation Peguform Group Rafaella Apparel Group Showa Jisho Co. Ltd. SLI Holdings Inc. Sports Brands International Spyglass Entertainment Strategic Restaurant Acquisition Group Talecris Biotherapeutics Tandem Staffing Solutions, Inc. TTL Equipment Management Vanguard Car Rental Holdings LLC. I think Chrylser is circling the bowl The OLE MAN

Geez! It sure looks like it after you posting that.

Posted by: John

Uhhh...from BusinessWeek.com

Quote:


	Cerberus Capital Management, L.P. is a private investment firm specializing in investments in undervalued companies. The firm seeks to invest in aerospace and defense, automotive and manufacturing, business services, consumer and retail, distribution and retail, financial services, food service, hospitality and leisure, logistics, printing and packaging, real estate, technology, telecommunication and media, and transportation. Cerberus Capital Management, L.P. is headquartered in New York City with additional offices in Chicago, Illinois; Los Angeles, California; Atlanta, Georgia; Amsterdam, Netherlands; Frankfurt, Germany; Tokyo, Japan; Osaka, Japan; and Taipei, Taiwan.

From Cerberus's website:

Quote:


	Cerberus Capital Management, L.P. is one of the world's leading private investment firms. Cerberus specializes in providing both financial resources and operational expertise to help transform undervalued companies into industry leaders for long-term success and value creation. Cerberus is headquartered in New York City with affiliate and/or advisory offices in Atlanta, Chicago, Los Angeles, London, Baarn, Frankfurt, Tokyo, Osaka and Taipei. Cerberus holds controlling or significant minority interests in companies around the world. In aggregate, these companies currently generate over $60 billion in annual revenues.

Apparently, that's what this company does. It buys businesses that are under-valued like Chrysler. What they do with them, I'm not sure but they do seem to have a record of making them profitable because they reported over 60 billion in profits from thier holdings alone last year. That's holdings, not the actual profit from each company. So that 60bn+ is Cerberus' return on investment alone and not profit from goods or services rendered. The other companies each have thier own reportings to consider also. Those reportings are not necessarily included in Cerberus' financial reportings.

Posted by: LS1JAY

Quote:

Originally Posted by John


	they reported over 60 billion in profits from thier holdings alone last year

Is that all? Pfffft...

Posted by: KingofSlackers

Quote:

Originally Posted by LS1JAY


	Is that all? Pfffft...

Yeah really I've made more than that ripping people off by over charging them on Shelbys and lying to them on purpose about car ratings.

Posted by: LS1JAY

Quote:

Originally Posted by KingofSlackers


	Yeah really I've made more than that ripping people off by over charging them on Shelbys and lying to them on purpose about car ratings.

You tell em'!

Posted by: LS1JAY

BTW, glad to see you made it back on here.

Posted by: KingofSlackers

Quote:

Originally Posted by LS1JAY


	BTW, glad to see you made it back on here.

Glad to be back. It really hurt me to actually HAVE to FIND work to do instead of being able to goof off on here all day ....

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