TD Bank Buys Chrysler Financial From Cerberus

Toronto-based TD Bank will purchase Chrysler Financial for $6.3 billion. Despite being named Chrysler Financial, the company is no longer owned by the automaker, but held by former owner and destroyer of worlds — Cerberus. If you do the math, Cerberus paid $7.4 billion for 80% of Chrysler, then easily shed it in the…

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CNBC's Jim Cramer Takes On Bob Nardelli With A Home Depot T-Shirt

We love CNBC's Jim Cramer for taking on Cerberus yesterday, calling the private equity firm "the absolute worst" for buying up Chrysler. The best part? This t-shirt of Bob "The Builder" Nardelli. Epic. [via CNBC]

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