How could a billion dollar company owned by the endlessly, enormously profitable Cerberus Capital Management possibly be on the brink of bankruptcy? It’s not like Steven J. Feinberg’s mob ever invested in a business of which they knew nothing and mismanaged it into the toilet. Oh wait! Chrysler and Chrysler Financial. Thanks to the American taxpayer, Cerberus walked away from both companies without taking a hit.
Posted on: Thu, 25 Dec 2014 00:04:19 +0000
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