Ding Dong, the Witch (known as DC) is Dead

[AKaiser]

Daimler AG gives up Chrysler Stake, writes off $700m.



"German automaker Daimler AG has agreed to give Cerberus Capital Management its 19. 9 percent share of Chrysler LLC and write off a $1. 5 billion loan, helping the Detroit automaker to clear way for the Detroit automaker’s proposed alliance with Fiat SpA and avoid bankruptcy. "

 

[Loghead]

Finally!



Daimler did a decent thing after raping Chrysler and leaving it for dead.

 

[Missouri Mule]

Almost a decent thing they should be giving them the 1. 5 billion after all the money they stole from Chrysler to buy Detroit Diesel and that truck company in Canada and they had the nerve to keep them (and I believe a couple of companies that Chrysler owned).

I hope Fiat has better integrity than daimler. ( Of course there is no more money to steal. )