I was just reading an article about Chrysler and the bailout and decided to look up the history of the name Cerberus. Cerberus Capital Management owns Chrysler.
http://en.wikipedia.org/wiki/Cerberus_Capital_ManagementPer Wikipedia: Cerberus Capital Management, L.P. is one of the largest
private equity investment firms in the
United States. The firm is based in
New York City, and run by 48-year-old financier
Steve Feinberg. Former U.S. Vice President
Dan Quayle has been a prominent Cerberus spokesperson and runs one of its international units.
Per Wikipedia: Founded in 1992, Cerberus is named for the
mythological three-headed dog that guarded the gates of
Hades. While many of its peers have bought out companies in order to strip assets and sell on for a profit, Cerberus builds its reputation on identifying firms that are undervalued, and assisting in rejuvenating them by working with current management. Feinberg has stated to his employees that while the Cerberus name seemed like a good idea at the time, he later regretted naming the company after the mythological dog.
Per J.N. Kish: The negative religious tie-in's related to this name are interesting to me. It is pretty obvious to see why Feinberg regrets naming the company after Satan's dog.
Think about it: A huge company with a satanic-related name rises from obscurity, gobbeling up previously-great world wide companies when they are weak and near-bankrupt. Forcing them to "sell their souls" to the holding company. Pulling them into the huge private company known for it's secrecy (see wikipedia article). This shadowy company quickly becomes one of the largest employers in the world, thus controlling the livleyhood of hundreds of thousands of employees from Shanghai to Detroit. Eventually, the products that this company provides, if not already, could touch every person in the world (see the list of companies that they own). This stuff would make a great plot for a Religious Conspiracy Novel or Movie. When thought about this way, the real-life company becomes strangely similar to the unstoppable law firm Al Pacino runs in the Movie:
The Devil's_Advocate In this movie, Al Pacino plays the character of
the DevilHere is a story about how they came up with the name "Cerberus."
http://blogs.reuters.com/blog/2007/06/04/cerberus-capital-comes-clean-about-its-name/Here's a wikipedia article on the name Cerberus: http://en.wikipedia.org/wiki/Cerberus
According to Businessweek, Cerberus is bigger than Cisco, Coke, Or McDonald's. Here is the article: http://www.businessweek.com/magazine/content/05_40/b3953110.htm
Here are some more interesting articles about Cerberus:
Cerberus: At the Gates of Hell? http://seekingalpha.com/article/109670-cerberus-at-the-gates-of-hell
GM Bails out Cerberus http://blog.tomevslin.com/2008/12/gm-bails-out-ce.html