Why does Obama refer to "Cerberus Capital" as Chrysler, cars are only a tiny fraction...

O

Obama W. Bush

New member
...of their Global Business? Every mention of giving US Treasury Money to Cerberus is always rephrased to make us believe it is a US auto Company not a International Equity Management Group.

Are we now Bailing out Foreign Investors or just sharing the Wealth.
 
Cerberus Capital gave up its equity in the auto maker when the government agreed to give them money so the haven't bailed out Cerberus. Cerberus now has chrysler capital but it no longer owns the rest of the company so they are not giving money to foreign investors in this deal
 
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