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David Veu Casovic	Chrysler Comm 10/23/2008 06:01 AM To Chrysler Employees and Contractors cc Subject A message from Bob Nardelli Dear Employees, I wanted to address an issue with you immediately that you may or may not be aware of. The Wall Street Journal ran an incorrect story in its early edition. This is most unfortunate in these challenging times. I am sending you an advanced copy of the official statement we will release to the media. Bob Statement in Response to Erroneous Wall Street Journal Story: An early edition of The Wall Street Journal incorrectly reported that Bob Nardelli has a contract with Cerberus, which includes providing him a "change in control" payment. Chrysler and Cerberus advised the Journal that there was "no truth" to its assertion that Nardelli had a "written agreement or any such understanding" with Cerberus, or Chrysler, for any form of compensation in the event of a "change of control" of the company. Nardelli was never contacted directly for comment. Chrysler and Cerberus advised the editor that its story was "unequivocally without substance." The editor agreed to pull the story, as it had no merit. Unfortunately, due to the late hour, the story did run in some early editions. The Journal admitted it was in error and will run a retraction. It is unfortunate when the company and its employees are dealing with daily market and industry challenges that it would also be faced with inaccurate news reporting, which ultimately causes distractions.
GenoTex	Cerberus is the name given to the entity which, in Greek and Roman mythology, is a multi-headed dog which guards the gates of Hades, to prevent those who have crossed the river Styx from ever escaping. Cerberus featured in many prominent works of ancient Greek and Roman literature and in works of both ancient and modern art and architecture. As with most creatures from classicial mythology, the depiction and background surrounding Cerberus often differed across various works by different authors of the era, the most notable difference being his number of heads; while most sources describe or depict three heads, others show him with two, a lesser number show a variable amount, sometimes as high as 50. ---------- The name "Cerberus" is a Latinised version of the greek word Kerberos, meaning "demon of the pit". ---------- Interesting choice of word for the organization....