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Posted by Will (in IL) on Tuesday, October 14, 2008 at 12:49:25 :
In Reply to: Re: Sorry, the subject got garbled posted by MoparNorm on Tuesday, October 14, 2008 at 10:35:30 :
They are Investment Bankers, and will flip the company based on investor commitments and needs.
After news of the GM-Cerberus talks broke Friday, Chrysler Chairman and CEO Bob Nardelli confirmed to employees Monday that the company was talking to potential partners. "I can tell you that we have approached and have been approached by third parties who are interested in exploring future possibilities with Chrysler," he said in a note to employees.
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