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Message: Re: Chrysler....?

May 01, 2009 11:51AM
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May 01, 2009 12:05PM
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May 01, 2009 12:47PM

May 01, 2009 12:53PM

May 01, 2009 01:43PM

May 01, 2009 03:12PM

"long as you know where it is....you're still better off than the bond holders of Chrysler.....they'll be zeroed out in 30 days."

Maybe not....Here come the judge....Here come the judge.

I don't blame the senior secured creditors for holding out. My guess is Obama will attempt to pressure the judge to wipe out the creditors. Let's face it, he's less interested in saving jobs than he is in strengthening the Union.

Would you buy a car from a company who's controlling interest is owned by a union? That oughta work out just fine. Look out for more tax payer money ad infinitum with an eventual Chapter 7.


May 01, 2009 03:45PM

May 01, 2009 04:23PM
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May 02, 2009 06:33AM

May 02, 2009 07:03AM
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