The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 7 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Fiat paid virtually zero equity value to acquire Chrysler
“Fiat paid either zero or almost zero in sort of equity value for Chrysler.”
Rosenthal: Overproducing road cars violates core luxury strategy
“Fiat's attempt, their best solution to fixing the problem of the road car business is to produce more road cars, which is the cardinal sin of luxury strategy management.”
Gilbert: Ferrari suffered from a conglomerate discount until spun out of Fiat
“Ferrari was not appreciated by investors when it was nestled inside of fiat for the real gem that it was. And as a publicly traded company on its own reporting its own financials, people piled in.”
Marchionne negotiated GM paying $2 billion to terminate Fiat partnership
“Sergio gets them Out of the partnership and engineers GM paying two billion dollars to Fiat in order to end the partnership.”
Rosenthal: Enzo's 1969 Fiat deal secretly granted Fiat 90% upon death
“With Gianni to sell 50% of Ferrari to Fiat immediately there in 1969 with a secret agreement that triggered upon Enzo's death, which again he thinks is imminent, Fiat will acquire another 40%, taking their stake to 90%, And 10% of the company will transfer to …”