I was actually referring to Cerberus Capital Management era........I didn't even think I needed to sepcicfy...my error.
MB was at best only fair in it's running of Chrysler, Fiat not much better......showing how companies, all 3 above, do not know how to run a company and make it successful here. Watch....the Fiat and Alfa brands will be gone again in a few years from the USA.
I agree....I felt Revell was a deal at $10M. The bank analyst in me would have given the thumbs up if 'Due Diligence' came out as the courts stated. But a small company like Revell that is a niche manufacture and with other ways to make big money faster here....no one bit.
From a personal side after working with Revell since 1985 I doubt I will ever get to again. Only thing sadder is all the friends that found out they didn't have jobs at lunch on Friday the 13th.
Final note. Being raised and surrounded by people that served in WWII in Europe for the duration and longer (why my wife is a French citizen) I have a good personal 2nd hand accounting on the past history of Europe. That was many years ago....things change...but let's not wash away the past as is the fashion for many. thx