Eisboch wrote:

"HK" wrote in message
...

Chrysler Lenders Must Reveal Identities Today, Judge Rules


By Tiffany Kary

May 6 (Bloomberg) -- Chrysler LLC dissident lenders have until 10 a.m.
today to reveal their identities after a bankruptcy judge rejected
claims that their safety was at risk because of anger over the
automaker’s bankruptcy.

U.S. Bankruptcy Judge Arthur Gonzalez in New York forced the group to
file a list of its members publicly, denying their request to reveal
their identities only to the bankruptcy court. Gonzalez said yesterday
the lenders have no evidence that keeping their identities private
would help protect them. The group seeks to block an auction of most
company assets to an entity managed by Fiat SpA, an outcome Chrysler
said would force it to liquidate, costing thousands of jobs.

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Heads on pikes...


Heads on pikes? For what, wanting to be anonymous due to reactions
like yours?
Although I agree the lender's names should be public, since it's a
public legal action, but I also agree that the secured lenders have a
legitimate claim to the assets. It's up to the BK judge to try to work
out any compromise or agreement, according to law.

Chrysler has unfortunately been dead for years. It's being kept alive
by artificial means and financial manipulation. Daimler/Mercedes tried
to resuscitate it to no avail and dumped it.
Legitimate secured lenders have as much right to claim the assets as
Fiat does, regardless of how you may feel about "saving jobs". In fact,
any interference or manipulation of the bankruptcy court's proceedings
by the Fed may be illegal. This will be interesting to watch.

Eisboch



Sorry, I have no sympathy for wealthy hedge funders, currency
manipulators and their ilk.