Why is Cerberus getting a hand out.

Discussion in 'Wall St. News' started by KINGOFSHORTS, Dec 11, 2008.

  1. They made a bad investment, they should take their losses like everyone else.
  2. As far as I know they're not asking. They own 80%+ of Chrysler and seem to be ok with letting it die. It's Chrysler that is asking to be kept alive because their majority holder is ok with them perishing.
  3. Still they should not get a penny, let the majority holder bail them out.

    I say so what if one or two of them die, with 1 automaker left in the US they can take up the slack and become profitable.

    I see Ford as the sole survivor.