Stories tagged with Chrysler
GM on a path to complicated bankruptcy
By Laurie Bennett | May 28, 2009 at 11:07am | 1 
Chapter 11 proceedings for General Motors won’t go nearly as smoothly as they have for smaller, privately held Chrysler.
Edward Montgomery is the new go-to guy for recovery
By Carol Eisenberg | April 1, 2009 at 10:24am | 0
A Harley-riding economist has taken what may be the toughest job on President Obama’s auto task force – helping to rebuild the communities likely to be devastated by the industry’s downsizing.
Feinberg and Cerberus: out of the frying pan
By Laurie Bennett | November 21, 2008 at 9:33am | 0
What’s in a name? Ask the folks at Cerberus Capital Management, named for the three-headed dog that guards the gates of hell.
GM discussing merger with Chrysler, Times reports
By Laurie Bennett | October 11, 2008 at 10:31am | 0
General Motors is weighing a merger with Chrysler, The New York Times reports.
Secretive Cerberus keeps a high profile on K Street
By Laurie Bennett | September 4, 2008 at 10:27am | 0
Cerberus Capital Management, once touted for its daring investments in Chrysler and GMAC, is now struggling to avoid tremendous losses.
Cerberus: The public face of private investment
By Laurie Bennett | February 19, 2008 at 11:56am | 0
Stephen Feinberg, the very private founder of Cerberus Capital Management, hates attention.
He even put it in writing.
Soft landings for Merrill’s O’Neal and other ex-chiefs
By A. James Memmott | October 31, 2007 at 1:49pm | 0
The cushioned exit of Stan O’Neal as CEO of Merrill Lynch & Co. this week was proof again that nothing succeeds at the top levels of business like not succeeding.
O’Neal is to receive a reported $161.5 million in stock options and retirement benefits. He was ushered out because he had lost favor with his board after announcing that the company had a $2.24 billion quarterly loss.
While $161.5 million seems like enough to get by on, it doesn’t equal amounts received by other dismissed executives.
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