Stephen Feinberg news from FierceFinance

The pickings appear to be slim in the hunt for a worthy successor to Ken Lewis as CEO of Bank of America (BAC). The board would have to be very circumspect about elevating an internal candidate. The... Read more...

Cerberus has struggled mightily with its ill-fated investments in Chrysler and GMAC. As investors rushed to the exits (or tried to), Stephen Feinberg has certainly taken some PR lumps. But the news... Read more...

Cerberus' attempt to fix Chrysler has been a notorious failure. That's hardly a secret. What is new is Cerberus' chief's defense of his record. Stephen Feinberg tells the New York Times that he's now... Read more...

Cerberus Capital, run by Stephen Feinberg, is staring at the abyss right now regarding Chrysler and GMAC Financing. The New York Times characterizes the fund as "racing to salvage" its investments in... Read more...

The most powerful business people on the planet. You might think that the financial world would be well represented. Perhaps two years ago, they would have been more plentiful on the list. But only... Read more...

Private equity mogul Stephen Feinberg's firm Cerberus Capital owns some iconic American brands, notably Chrysler and GMAC. He... Read more...