mad0953 wrote:
Can't afford to track the Viper.
My GF is almost 6' tall
The Viper is a throwback to the 60's in my opinion. It reminds me of a lot of the muscle cars from back then (when I was a teenager).
Don't tell my wife, but you sir are my hero: owns a Viper and has a 6' girlfriend while at least in his 50s (13 years old in 1969 is 52 years old in 2008) if not 60s.
Back on topic, now that Chrysler has been bought out by private equity it would be a tough political sale to be seen giving them free money. Helping the working man keep his job is one thing, bailing out the ultra-rich who own it is another.
The Fed spotted JP Morgan the cash to buy out Bear Sterns because they were scared stupid that the entire financial system may implode if Bear defaulted on all of their positions. That and the shareholders of Bear (30% of whom were employees) lost their shirt in the process. JP Morgan will probably make good money on the whole mess, but I'm guessing that the Fed chalked that up as a necessary evil to get a solution.
A complete government buy out for Chrysler like was being rumoured for Fanny Mae and Freddy Mac a few weeks ago just wouldn't happen IMHO. I read an article that speculated that all Fanny and Freddy shares would default (or whatever) become worthless. I can't see Cebrus letting their entire investment being vaporized, they would rather fire-sale everything they could get their hands on for pennies on the dollar rather than effectively handing the government the keys and walking away.
My money says that sometime in the next six to eighteen months Cebrus make a decision to either fish or cut bait, and if they make the decision that Chrysler is not a viable automaker they are going to sell off every division and name brand with any value and fold what's left.