Free Republic

Just two days ago, No Quarter, a handful of blogs and a thimbleful of major media caught on to the Chrysler holdout firms' attorney, Tom Lauria, and his accusations that Obama's auto czar, Steven Rattner, threated to destroy P-W's reputation if they continued to oppose the government orchestrated sell out of Chrysler to Fiat SpA. Perella-Weinberg has a stake in Chrysler via their Xerion [Capital] Fund. Chrysler, itself, is currently owned by Cerberus Capital Management LP. Try to keep all these names straight... these players are going to continue to reappear, along with some others you may not know about....

Peter A. Weinberg and Joseph R. Perella are part of a band of Wall Street renegades — “a small group of speculators,” President Obama called them Thursday — who helped bankrupt Chrysler. That, anyway, is the Washington line. In fact, Mr. Weinberg and Mr. Perella, with sparkling Wall Street pedigrees, are the epitome of white-shoe investment bankers. And their boutique investment bank, a latecomer to Chrysler, played only a small role in the slow-motion wreck of the Detroit carmaker. But now the two men, along with a handful of other financiers, are being blamed for precipitating the bankruptcy of an...

Paris is less attractive for international financial companies than London partly because of French attitudes to business, according to a leading US investment banker. “London made it very attractive for people to come there and work there, and I think in France, quite frankly, attitudes exist that cause people to shy away from that part of the world in terms of being a financial centre,” ... Mr Perella pointed to concerns about “raids” on international companies by the French tax authorities. “There have been a lot of stories ...of raids into people’s homes and offices to seize their computers to...