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Old 11-06-2008, 09:47 PM   #21 (permalink)
zete
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Re: Breaking: GM looking at strategic options for GMAC

Quote:
Originally Posted by doh View Post
Cerebus would suck up any "Bail Out Aid" from the federal bail out. Controling 51% of GMAC. Cerebus would own 35%, Feds would own 34% GM would own 31%.
That still leaves Cerberus without controlling interest, totally at odds with the current situation. The Feds and GM could cut deals to simply vote down Cerberus.
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