Cramer calls fed merger help mad - - 5th Generation Camaro Enthusiasts
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post #1 of 1 Old 11-01-2008, 01:31 AM Thread Starter
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Cramer calls fed merger help mad

Jim Cramer, host of CNBC's "Mad Money" said this week he had been in favor "of every single bailout" until the auto industry came knocking. He slammed the idea of government help to make a General Motors Corp.-Chrysler LLC merger work because that would result in a "bailout" to Cerberus Capital Management LP. He called that "a crime" that would bring a "big backlash."

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