Re: Mercedes still may profit from Chrysler

In article <bxpde393upv1$.o9ycvcms3agu.dlg@[EMAIL PROTECTED]
>, Comments4u wrote:

> Also often unrecognized is that Mercedes still owns 19.1% of
> Chrysler, so if Chrysler eventually becomes profitable and
> valuable, Mercedes' remaining stake might be sold for real money.
> This would be in contrast to the Cerberus deal, where Mercedes
> claimed it received money for Chrysler, but in actuality paid
> Cerberus to take 79.9% of Chrysler.
 
> The year end Mercedes news conference proved less than
> enlightening in most respects.  While Mercedes spokesman Heinreich
> Tungensheek expressed disappointment over Chrysler discontinuing
> the reskinned SLK it sold as the Crossfire, he refused to comment
> on a question of whether retention of 19.1% of Chrysler was an
> astute business move.  The implication of the question was that
> the only reason Mercedes still had a stake is Chrysler is because
> it couldn't afford to give Cerberus any more money to take the  
> remainder.

They should have paid me to assume owner****p of chrysler... I wouldn't 
mind having my own car company.