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It’s Not That Steve Feinberg Regrets Buying Chrysler...

  • 8/10/09 at 4:10 PM
Feinberg's regret is as plain as the mustache on his face.

Feinberg's regret is as plain as the mustache on his face.Photo: NYT

“There were times we could have been tougher and pushed harder and gotten more,” Steve Feinberg, whose private-equity firm, Cerberus, lost around $6 billion on Chrysler when the company went bankrupt this year. “[B]ut it wasn’t the right thing for the country ... Maybe what we should have done was not bought it.” [NYT]

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