Saturday, May 30, 2009

Fresh answers and old ones

Sometime the answer to a question is changing according to time. In this case, Cerberus bougth Crysler for 7.4 Billions in 2007. Anyway, the company is currently evaluating a Chapter 11 and it sold a large part of his assets to Fiat, an Italian company.

Business is a circle. Fiat was in deep deep troubles 5 years ago. Then, everything changed when Sergio Marchione, the new manager accepted to run the company as CEO.

Ask is nailing the fresh answer, Google and Live give the old one, Yahoo is not nailing the story.

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