A Strike Deadline is Set For Chrysler

This Wednesday.

This highly irregular. Normally, the contract negotiated with the target firm is adopted across the industry.

I can think of two potential things driving this, either the differences between GM and Chrysler are driving significantly different contracts, or Cerberus Capital Management is coming from a very different philosophy on running the company.

If it's the latter, it means that the private equity firm is intending to flip and flee, which is beyond even the incompetent and crony laden management at GM.

I think that it's the latter, and that Cerberus wants to treat Chrysler like a chop shop treats a stolen car.