By Ray Wert, 8:50 AM on Wed Mar 14 2007, 652 views (Edit, to draft, Top, Slurp)

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Looks like Dr. Z.'s favorite scion is back in the action, as the Financial Times is reporting Wolfgang Bernhard, the restructuring expert who helped to turn around the 'merican side of the German-American hybrid five years ago, has signed an advisory contract with Cerberus Capital Management. Wethinks that's going to strengthen their bid just a bit, eh? Bernhard, who was chief operating officer at the Chrysler Group until he left to run V-Dub, signed the contract for a full-time role recently, according to the UK financial daily. Wow, what with their big stake in GMAC, the three-headed dog of capital management's really getting into this whole automakin' thing. [Hat tip to Kevin!] – Ray Wert

Cerberus gets Bernhard to advise on Chrysler bid [Reuters]

Related:
Continuing The Chrysler Group Sales Speculation: What Gettelfinger Wants, Gettelfinger Gets!; Even More Chrysler Group Sales Speculation: Jedi Council Edition [internal]