Thread: Rush hopes for failure
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03-31-2009, 10:56 PM
- Join Date
- May 2008
When DB and Chrysler "merged" DB bought controlling interest. Be it the bad times yet to come or what ever, Benz, with their controlling interest sucked the liquidity out of Chrysler before the kicked them out. While their selling vs. purchasing price looks like a loser, they basically used them up before they took their "big loss".
Chrysler was in pretty good financial shape just prior to all of this. I'm not sure what led to the decisions leading up to the merger, but Chrysler came out a hell of a lot worse than they went in.
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