Can Private Investors Fix Chrysler?

Chrysler's merger with Daimler Benz never paid off for either company. Now a private investment firm will call the shots at the Detroit automaker. Can private equity investors fix Chrysler for good? And, if so, will private ownership of car companies become the wave of the future? Guests: Roben Farzad, BusinessWeek's Wall Street and markets editor John McElroy, host of the television program Autoline Detroit Lee Iacocca, former president of Chrysler Corporation

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