Bob Nardelli to Head Cerberus Capital's Chrysler?

I did not plan to write anything about the appointment of Bob Nardelli to run Chrysler but after reading Peter Cohan's piece in Bloggingstocks and Alex Taylor's piece on CNN Money, I must concur with their assessment. Take a look, I hope I am wrong.

Also check out:

L.A. Times (8/7/07) interesting take
Hartford Courant
CNN Money (different take)