Chrysler worth nothing

By Edward Barrera on October 28, 2008 8:33 AM | |
As the government spends (throw away) billions to help businesses, it should take into account the worth of some of these deals. A Chrysler investor, Daimler AG, believes the auto company is worth nothing.  And now the government (taxpayers really) are going to probably spend $5 billion and $10 billion to help GM merge with it.

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Economic Alert is a daily blog on business and the economy in the San Gabriel Valley and beyond, featuring updates and observations from the staff of the San Gabriel Valley Newspaper Group. SGVN includes the San Gabriel Valley Tribune, Pasadena Star-News and Whittier Daily News.

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Kevin Smith is business editor for the San Gabriel Valley Newspaper Group. Over the past 15 years, Smith has covered development, housing, employment, technology and financial trends for a variety of newspapers.
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This page contains a single entry by Edward Barrera published on October 28, 2008 8:33 AM.

Trillions, Cars and (according to the Times) damn oil was the previous entry in this blog.

"Our Long National Nightmare Of Peace And Prosperity Is Finally Over" is the next entry in this blog.

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SanGabe.biz is the San Gabriel Valley Newspaper Group's online resource for local business development. Get info on tax law, accounting, legal forms, marketing, sales and more.
The San Gabriel Valley Small Business Development Center offers classes, counseling and consulting for entrepreneurs and small business owners. The SBDC is a partnership between Mt. San Antonio College and the U.S. Small Business Administration.
The San Gabriel Valley Economic Partnership is a nonprofit corporation dedicated to improving the valley's economy.

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