From the category archives:

Chrysler

The Cerberus-Chrysler Bailout: Time to Open the Mouth of the Whale

December 8, 2008

The myth that removing the company from what some now regard as the shackles of quarterly statements will make all the difference is just one of the ironies in this deal. Cerberus, like the other members of this secretive club of private funds, is known neither for its patience nor its altruism. When you move [...]

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Outrage of the Week: Leadership Abdicated

November 21, 2008

It was a week that illustrated how not to be a leader. The CEOs of the big three auto makers appeared before the United States Congress, and showed a level of ill preparedness on even rudimentary questions about their bailout pleas that would have incurred the ire of a fifth grade teacher.  Their separate arrivals in three [...]

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Nardelli, Not Marconi

February 8, 2008

Robert Nardelli, who managed to shrink the value of Home Depot shares when he headed that company (while managing a masterfully opposite result when it came to his own compensation of two hundred-plus million) is embarking on a somewhat similar mission at Chrysler. The Wall Street Journal reports: “Chrysler LLC is laying out plans to [...]

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The Cerberus Deal: Chrysler in the Mouth of the Whale

May 16, 2007

Every few years, business needs to come up with a new savior. If only we had zero-based budgeting; if only we were driven by the search for excellence; if only we could stick to our knitting or follow the seven habits of seven successful people. If only… The newest addition to this grand litany of [...]

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Should Frank Stronach Really Run Chrysler?

May 10, 2007

Now that Magna’s Frank Stronach has made his bid for Chrysler official, the more fundamental question for investors and other stakeholders is whether the assets of this icon of American capitalism will be well-served in the hands of a mercurial figure who claims that money has no heart, “no soul, no conscience, no homeland“, and [...]

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