No need to link to the dozens of relevant articles, but: 1. what a bold purchase by Cerberus

2. what a remarkable disaster for Daimler. Buy at $36B and give away for free in the downcycle. Given Chrysler's 20 up/down cycles over the last 30 years, couldn't they have waited for the next hit and then sold?

3. Fence-sitting prediction:

a) this is too much for even cerberus to handle


b) cerberus cleans a few things up, catches a hit or two and then floats it for a multiple of its money (in other words, what Daimler should have done).

Posted on May 16, 2007 and filed under Finance.