From the humorously titled Chrysler Suicide Watch 10, to everyday folks sounding off on message boards, to Daimler Chrysler stock going up and GM seeming to retreat , to brooding speculation about what possible bidder Magna’s, choice of private equity partners could portend, Chrysler and it’s future has all of the pundits guessing.

“U.S. media reports have pointed to private equity firms Cerberus Capital Management and a group consisting of Blackstone Group LP and Centerbridge Capital Partners LP as the leading bidders for Chrysler.”

“The name Cerberus rung a bell from my school days; it’s the three-headed dog that guards the gate of Hades, ensuring “that all spirits could enter, but none could return.” Or, to borrow from the last line from Hotel California, the dog is “programmed to receive; you can check out any time you like, but you can never leave.
Not exactly the kind of vision that a Chrysler shop rat wants to see. Canadian Auto Workers boss Buzz Hargrove didn’t like that vision much-“That’s a big concern to us, because their history is to cut a lot of jobs, close a lot of plants, get lean and mean in a hurry to sell and make a lot of money for executives and throw a lot of people out of work.”