Worries Over Inflation Send U.S. Market Down

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Ghosn, that also Renault SA CEO, said he or she had not had any talks with Cerberus Capital Management over either an alliance with Chrysler Group no separate deal for Machine. Cerberus earlier acquired DaimlerChrysler AG's Chrysler Group because private-equity firms have been funding auto industry merging. The acquisition of Chrysler, early this month has $7.4 billion consideration.

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The larger issue will be the resultant size of the merged entity. We already have too many corporations considered "too big to fail" (including GM and Chrysler!). Each time one of these corporations begins to teeter, Oughout.S. taxpayers money has to flood in and save them, as benefits of letting them fail are extremely devastating to your economy. How is combining two "too big to fail" companies tend to be already teetering and merging them into an even larger "too big to fail" megacorporation (that will, no doubt, be teetering) a clever move?

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