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………..but that’s NOT the case today! Please read some comments from Mike Jackson from AutoNation! http://dealersedge.com/ME2/dirmod.asp?sid=&nm=&type=news&mod=News&mid=9A02E3B96F2A415ABC72CB5F516B4C10&tier=3&nid=9B8CF0E85A7845D8A7C60CB93A92492F
I have friends that have lost their dealships to defacto “nationalization” of the auto industry in the US. They’ll collectively lose millions of dollars in this “transition” of the industry. Yet, Washington continues to dither about the issue. Below is […]
……..can stand in the way of what the US Government wants for the auto industry…. I’ll be darned: http://money.cnn.com/2009/06/10/news/companies/chrysler_fiat/index.htm ………..the Fiat/Chrysler deal is done. Do you think Bob Nardelli can get out of town fast enough?
In a sea of crappy news about auto manufacturers, here’s a good story. I hope you will read it. This guy’s enthusiasm is infectious. http://money.cnn.com/2009/05/11/news/companies/mulally_ford.fortune/index.htm?postversion=2009051103
….but this piece from a hedge fund manager in Connecticut does address why a Chrysler bondholder should be “mad as hell”. Please, take the time to read this! Unafraid In Greenwich Connecticut Clifford S. AsnessManaging and Founding PrincipalAQR Capital Management, […]