Chrysler woes.
Oct. 29th, 2008 10:45 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
danalwynThis is sort of old (and also depressing), but just in case you missed it, Chrysler became worthless this week, when Daimler re-evaluated the value of their 19.9% share in the company down to $0. Logic holds that if 19.9% of a company is worth $0, then the other 80.1% is also worth $0.
So next time you're about to plunk down your dollar to buy a hamburger at McDonald's, remember that it costs more then the world's twelfth largest automaker. I would stick with the burger though. Even if it kills you it's still probably a better deal.
So next time you're about to plunk down your dollar to buy a hamburger at McDonald's, remember that it costs more then the world's twelfth largest automaker. I would stick with the burger though. Even if it kills you it's still probably a better deal.