Keep in mind that if Cerebus strangles GM, they essentially strangle GMAC also..which hurts them.

 

True, but Cerberus is in much better shape than GM, and can afford to put the hurt on GMAC.

But while they may be in better shape, what Eric says may also be true. A fool and his money are soon parted. (or fools and their money)

I kind of doubt that though--I'm sure the golden parachutes are already packed.