Kerkorian indicates no settlement to come

http://www.autonews.com/news.cms?newsId=7160

"WILMINGTON, Del. -- If there was still any chance of an out-of-court
settlement in Kirk Kerkorian's billion-dollar shareholder lawsuit against
DaimlerChrysler AG, it may have wilted under the taxing cross-examination he
received here Tuesday.

During a quick afternoon break from hours of questioning that clearly
rattled him, the billionaire paused for a second in the courthouse men's
room to wash his hands. When his own lead attorney entered the room and
stood at the sink next to him, Kerkorian snapped at him.

"Any chance of talk is out the window, with that deceit and bull---t they're
pulling," Kerkorian said angrily. "

....

"On another issue, Kerkorian accused the (DCX's) attorney of "questioning my
style of management."

"Are you trying to say what I should or shouldn't be doing?" barked
Kerkorian, who once owned 89 million shares of Chrysler stock. "Am I getting
a lesson from you?" "


.....

"He alleges that Daimler-Benz knew all along that it would take over
Chrysler and replace its management team rather than "merging" as an equal
with the Auburn Hills, Mich., company. He alleges that the Stuttgart-based
management, led by Chairman Juergen Schrempp, deceived U.S. investors into
accepting the transaction as a merger to avoid paying a higher-per-share
price.

In a statement issued Tuesday evening, Christensen said, "Daimler's tactic
appears to be to talk about anything other than this clearly indisputable
fact."

Kerkorian was at the time of the merger -- and still is -- the largest
individual shareholder in the company. His privately-owned Tracinda Corp.
still owns 1 million shares. "

******
It just keeps getting better.

--Geoff