Private equity buys POS Chrysler

Discussion in 'Wall St. News' started by a529612, May 14, 2007.

  1. Arnie

    Arnie

    What if they turn it around? Think that might be worth something to say, a company in India or China?
     
    #11     May 14, 2007
  2. DHOHHI

    DHOHHI

    #12     May 14, 2007
  3. timcar

    timcar

    How good are those private equity guys. They buy a company, (actually they got paid to take Chrysler off the hands of the previous owners) and in return inject some capital and agreed to take on some pension liabilities. Just improve sales a bit, squeeze the unions a lot, pay themselves a big fat dividend (so as to lower their capital paid into this deal) and 2 or 3 yrs down the road make it all back on a HUGE IPO.

    So this is where the "YES MAN" known as former Treasury Sec. John Snow wound up. :eek:
     
    #13     May 14, 2007