Comments on: Chrysler completes sales to Fiat, new Chrysler Group begins operations immediately

By: Pat

Pat — Thu, 11 Jun 2009 09:28:09 +0000

i know for sure that Daimler gave up there shares… no idea about Cerberus

GMfan87 — Thu, 11 Jun 2009 03:50:19 +0000

bad assets get liquidated and used to pay off debt i think

Pat — Thu, 11 Jun 2009 02:28:09 +0000

i know for sure that Daimler gave up there shares… no idea about Cerberus

GMfan87 — Wed, 10 Jun 2009 20:50:19 +0000

bad assets get liquidated and used to pay off debt i think

Jason — Wed, 10 Jun 2009 19:12:05 +0000

Forgive me for my ignorance, but what happens to the shares owned by Daimler and Cerberus? Do they lose 100% of their investment?

And if Fiat gets Chrysler's good assets, who keeps the bad assets?