You’re Either at the Table or On the Table. -- Old Wall Street adage
Cerberus is named after the mythological three-headed dog that guarded the gates of Hades aka the (Bill?) Gates of Hell.
With a serpent’s tail, a mane of snakes, and a lion’s claws, it guards the entrance of Hell to prevent those who entered from ever escaping. Cerberus is featured in many works of ancient Greek and Roman literature and in works of both ancient and modern art and architecture.
This week, Cerberus Capital Management announced it was buying Safeway Supermarkets for $9 billion, just as California is going into a never before experienced historical water and food crisis. Their timing is incredible in that after this acquisition they will have more than doubled their control over our major supermarkets in California and beyond...