cerberus

Albertsons Owner Will Pay $9B To Walk Down The Aisle With Safeway

Albertsons Owner Will Pay $9B To Walk Down The Aisle With Safeway

Prepare for the “save the date”, because there’s another marriage on the way. This time between the second- and fifth-largest grocers in the United States. [More]

Chrysler Buys Ads Thanking You For Tax Money, You Get Pissed, Chrysler Censors You

Chrysler Buys Ads Thanking You For Tax Money, You Get Pissed, Chrysler Censors You

Here’s a sad little saga. After convincing our government that it was responsible enough and commercially viable enough to deserve a multi-billion-dollar bailout, Chrysler spent some of the money taking out full page ads in The Wall Street Journal and USAToday, thanking America for its money. They also posted these ads proudly on their blog. The reaction from actual Americans was, um, harsh.