Gm Chrysler Merger Talks Reported

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Pickens said he did not think the postponed project is a setback for the wind industry because all sectors are experiencing trouble finding financial backers in this economic down turn.



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Chrysler is an entirely different animal at the same time. Chrysler is in definite need of short-term finances. And although they seem like an experienced candidate for aid, is undoubtedly one slight issue that makes me thinking. The majority owner of Chrysler is often a company called Cerberus Capital Management. Up to this point, CCM has refused to make any effort to helping Chrysler. Price that you should raise red flags, yet it is, in Congress. Healthy majority owner won't help you, then why when the tax payers? If CCM doesn't expect to help Chrysler, then it is likely that they'll receive necessary.

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"If we continue to get really strong economic numbers and bearish inflationary numbers along along with a hawkish Fed, and whenever we see an correction overseas, then you can easily see a correction here," Ryan, Beck & Co's Suskind told MarketWatch.

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