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Bob Nardelli, former candidate for CEO of General Electric Co. (NYSE:GE), former CEO of Home Depot Inc. (NYSE:HD), and now, former CEO of Chrysler LLC, is going to Cerberus Capital Management LP as an adviser. After Cerberus took over Detroit's Chrysler from Daimler AG for $7.4 billion in 2007,...
Posted on June 11, 2009 8:33 AM
Questions about GMAC Financial Services survival may be answered if it gets the ability to tap TARP funds. Thursday morning, the firm -- owned by Cerberus Capital Management LP and General Motors Corp. -- announced like so many others that it applied to the Federal Reserve to become a bank...
Posted on November 20, 2008 10:37 AM
There was lots of talk of busted deals, tight credit markets and ethical issues during an acquisition and divestiture panel at the 30th annual Corporate Counsel Institute in Houston on Thursday. Keith Fullenweider, a corporate partner at Vinson & Elkins LLP who moderated the panel, has had some experience: He...
Posted on February 8, 2008 11:01 AM
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