Eugene David
...The One-Minute Pundit

Friday, February 16, 2007


The case for a merger, meager as it is, could go something like this: buy Chrysler for almost nothing, spin off Jeep or Hummer, absorb the minivan operations and a few other product lines, like the Chrysler 300 rear-wheel-drive platform. And then fire a lot of people. Were this merger to happen, the companies would likely see job losses on a scale that would make Chrysler's announcement to cut 13,000 from its payroll look quaint.

TRANSLATION: GM could merge a competitor out of business.

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