Friday, September 15, 2006

Well Isn't That Timely?

Yesterday a post that DCX is a mess. Today, our friends in Stuttgart tell us business is cratering. Today as we wax nostalgic with the stock down 8% in the first hour of trading, I am reminded Mercedes and Dodges don't mix. Synergies? Your Mercedes now has Dodge pickup parts in them? For the shareholders of DaimlerChrysler, since the merged stock in 1998, your investment is down nearly 50%. Are you happy? All courtesy of lax corporate governance, ego, greed and your friendly mergers and acquisitions industry.

posted by TimingLogic at 11:10 AM