http://www.classiccar.com/garage/blog/index.php?/archives/266-Chrysler-Sells-for-7.4-Billion.html at bout a 60% loss on the investment Daimler made when they bought Chrysler in 1998.
80% of it is now owned by Cerberus Capital Management
Showing posts with label bailout for company wreckers. Show all posts
Showing posts with label bailout for company wreckers. Show all posts
Tuesday, May 15, 2007
Saturday, April 7, 2007
Problems at Ford
$10.6 billion loss in 2005
Ford's 2006 loss totals record $12.7 billion, $5.8 billion loss for the third quarter alone, largest in 14 years ( http://www.nytimes.com/2006/10/24/business/24ford.html?ex=1319342400&en=16b6d9e4f774e7cf&ei=5088&partner=rssnyt&emc=rss )
38,000 union members had taken buyouts at year's end
http://www.marketwatch.com/news/story/ford-posts-huge-loss-new/story.aspx?guid=%7B7452E960-737B-4C6E-9AC0-3D3D61AA7887%7D
Ford Motor Co. paid Alan Mulally (new CEO) $28.2 million in his first four months, Mulally's total compensation in 2005 at Boeing, his last full year with that company, was $9.96 million
http://www.bloomberg.com/apps/news?pid=20601103&sid=afi3zbIG45Tw&refer=us
Ford's 2006 loss totals record $12.7 billion, $5.8 billion loss for the third quarter alone, largest in 14 years ( http://www.nytimes.com/2006/10/24/business/24ford.html?ex=1319342400&en=16b6d9e4f774e7cf&ei=5088&partner=rssnyt&emc=rss )
38,000 union members had taken buyouts at year's end
http://www.marketwatch.com/news/story/ford-posts-huge-loss-new/story.aspx?guid=%7B7452E960-737B-4C6E-9AC0-3D3D61AA7887%7D
Ford Motor Co. paid Alan Mulally (new CEO) $28.2 million in his first four months, Mulally's total compensation in 2005 at Boeing, his last full year with that company, was $9.96 million
http://www.bloomberg.com/apps/news?pid=20601103&sid=afi3zbIG45Tw&refer=us
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