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Re: Merger, Who Is It Good For? A Big Al Rant
Maybe GM knows of some competitive advantage that Chrysler has such as part of their hybrid electric program.
Maybe they want to take Chrysler down with them in bankrupcy, so they will have less competition when they emerge as a leaner company.
You know why they wanted to merge with Ford...Ford has a nice stockpile of cash relative to their size to help weather this economic slowdown (due in large part by senators from IL & CT who were on the take, allowing Fannie and Freddie to go overboard taking unwarranted risks).
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