Quote:
Originally Posted by BENZ-LGB
The three dogs would have represented Cerberus in this ancient temple.[/I][/B]
From Wikipedia
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One of the dogs would represent the K cars....
But the German automaker, which will be renamed simply Daimler, will not actually get most of the money that Cerberus is paying for the once proud automaker. Instead Cerberus will contribute $5 billion to the Chrysler auto operations it will now control, with just over another $1 billion going to Chrysler's finance arm.
While Daimler will receive the remaining $1.4 billion of Cerberus' capital contribution to the sale, Daimler expects to have to cover another $1.6 billion in Chrysler losses before the deal closes. So Daimler estimates that it will end up paying out about $650 million to close the deal,
http://money.cnn.com/2007/05/14/news/companies/chrysler_sale/index.htm?postversion=2007051406
So Daimler receives a negative $650M in selling Chrysler.
Hmmm... My son is learning negative numbers in 6th grade. I'll have to ask him what this means.