Cerberus Capital Management

...Achilles heel for decades and addressing the problem a top priority under a series of corporate owners and chief executives. Most recently, Cerberus Capital Management LP pledged change and two years ago recruited Betts from Nissan Motor Co. to...

In this article: Fiat SpA, Sergio Marchionne, Cerberus Capital Management LP, Chief Executive, Bankruptcy, Consumer Reports, and Dodge

...Meg Reilly said the decision was "100 percent GMAC's." De Molina was named GMAC's chief executive in 2008 by the private-equity firm Cerberus Capital Management, which held an ownership stake in the lender at the time. He was recruited...

In this article: GMAC, Treasury Department, Alvaro de Molina, Chrysler, General Motors, and Bank of America

...Financial - is seen as vital to the government-led restructuring of the US automotive industry. Mr De Molina came to GMAC via Cerberus Capital Management, which has a 22 per cent stake in GMAC and which he joined in 2007, following a...

In this article: GMAC, General Motors, Bank of America, Citigroup, Salomon Smith Barney, and Liquidity crisis

...working through a liquidity crisis. That crisis lasted two years," he said. De Molina was named GMAC's CEO in 2008 by the private-equity firm Cerberus Capital Management LP, which held an ownership stake in the lender at the time. He was...

In this article: GMAC, Alvaro de Molina, Treasury Department, Chrysler, GM, Citigroup, and Salomon Smith Barney

...GMAC spokeswoman Toni Simonetti, adding that the lender is also receiving additional capital infusions from GM and an affiliate of Cerberus Capital Management, which owns 51 percent of GMAC. "We still have some work to do, but these are...

In this article: GMAC, General Motors Corp., Treasury Department, Troubled Asset Relief Program, TARP, and New York

...continue to provide automotive and mortgage financing. GMAC is majority owned by New York-based private equity firm Cerberus Capital Management LP, which also owns most of Chrysler. General Motors Corp., which itself is running out of cash,...

In this article: GMAC, General Motors Corp., Chrysler LLC, New York, Cerberus Capital Management LP, Ford Motor Co., and Treasury Department

...weakened _ though results improved slightly in its struggling mortgage operations. GMAC is majority owned by private equity firm Cerberus Capital Management. General Motors Corp. owns a minority stake in the financial services firm, though...

In this article: GMAC, General Motors Corp., Europe, NEW YORK, and United Kingdom

...would have ... GM trade its 49% stake in GMAC for Chrysler. Chrysler's parent, Cerberus Capital Management, already owns 51% of GMAC, which is GM's lending arm. A source familiar with General Motors downplayed the chances of such a...

In this article: Chrysler, GM, Daimler, GMAC, Volvo, U.S., Electric car, Jeep, American Motors, and Mazda

...according to published reports. The Wall Street Journal, citing people it described as familiar with the discussions, reported that Cerberus Capital Management, the private equity firm that owns 80.1 percent of Chrysler and 51 percent of...

In this article: GM, Chrysler LLC, Daimler AG, GMAC, Toyota, Detroit, Bankruptcy, The Times, and Ford Motor Co.