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 Old 11-20-2008, 04:40 PM   #1
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Default Cerberus faces unwelcome scrutiny in autos struggle

The woes of the American auto industry have put secretive private equity firm Cerberus Capital Management and co-founder Stephen Feinberg in the one place they don't want to be -- the spotlight.

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 Old 11-20-2008, 05:25 PM   #2
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I wonder if they will find out that Cerebus is a healthy company that has been hightly profitable in all of its investments with the exception of Chrysler and that if the parent organization was interested in having this branch of their balance sheet be competitive that they would be.....

Or that they need your tax dollars to survive while the parent company chops the company into ribbons and sells it to the highest bidder?

Either way, Cerebus makes a profit. Question is do the taxpayers take a hit so private equity firms make $$$ at their expense?
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