Rather than selling off pieces of the Chrysler Group to the highest bidder, DaimlerChrysler should find a group wealthy American investors to return the brand to its former glory, says Automotive columnist Jerry Flint.
“Now think of the best that can happen. A fabulously wealthy American or a group of American private equity investors takes over Chrysler . The buyers are–gulp–patriots. They want to save the company and all those jobs for America. They want to prove that Americans can still do it,” writes Flint.
“You know, like when Richard Gere sees the light in Pretty Woman and decides to build big, beautiful ships instead of breaking up that shipyard and selling the pieces. Patriotism aside, these steel-willed investors know that with the right leadership and products, Chrysler can make billions of dollars of year. The buyers also know that they could become filthy rich in a few years after they fix the company and take it public again.”
