Chrysler

Now that Chrysler has been bought (80% of it) by an investment firm, I don't think we have to guess what they will do. I can see bad things for them. An auto firm they are not, and only making money is on their minds. I pray I am wrong, but this is always the outcome.

How they could manage selling off the assets of Chrysler is dubious since the auto firm is focused on just one thing, autos. But I never cease to believe that a buyout, merger, or takeover is bad news for the target company. Again, I hope I am wrong.

I guess we'll wait and see.