[Hotwheels]

This thread ought to be titled ""GM and Chrysler HELD Preliminary Merger Talks". The Wall Street Journal says that the talks are on hold, and COULD be renewed when (if ?) the markets stabilize.

The article also says that Cerebus proposed swapping Chrysler for the rest of GMAC. That brings GM no cash, which is what's needed. The Chrysler brand brings nothing to GM.

Why on Earth would GM want to ad models, brands, dealerships, and add 10's of thousands of union payroll?

Only reason would be if Cerebus was bringing a pile of cash to the table, and they're not, at least according to the WSJ.