Cerberus’s Feinberg Said to Recoup 90% of Chrysler Bet

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Dec. 22 (Bloomberg) -- Cerberus Capital Management LP and founder Stephen Feinberg’s bet on Chrysler survived bankruptcy and the 2008 financial crisis to recoup about 90 percent of a $7.4 investment in the U.S. automaker, said two people with knowledge of the matter. Bloomberg's Erik Schatzker reports in today's Movers & Shakers. (Source: Bloomberg)


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