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Keywords: Hedge Fund Investments
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Teaching Notes
Cerberus and the U.S. Auto Industry
Available to Purchase
Journal:
Teaching Notes
Teaching Notes 1–16.
Published: 20 January 2017
... Corporate Governance Hedge Fund Investments Hedge Funds While GM's automotive division suffered, GMAC boasted a healthy EBITDA of $20 billion and net income of $2.4 billion on $34 billion in sales in 2005. As a wholly owned subsidiary of GM since 1919, GMAC provided automotive and commercial...
