Thread: Obamanomics....
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Eisboch[_4_] Eisboch[_4_] is offline
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Default Obamanomics....


"HK" wrote in message
...


I think it perfectly appropriate for the identity of the bondholders to be
made public. Obama didn't put these companies at risk; they put themselves
at risk.


Normally, I would agree. But their concern was due to the current level of
resentment against all financial institutions and the physical threats that
have been the result. There's a lynch mob mentality that exists right now.


It wouldn't have bothered me if all the troubled financial services
companies went bellyup, and their assets sold off to less troubled
companies. If they had behaved responsibly, they wouldn't have gotten in
as deep as they did.


You are lumping them all together (which is, in part the problem that
exists).
As I previously pointed out, the Chrysler bondholders are the ones that kept
the
company afloat and provided the funds to pay employees and conduct business.
Chrysler used up all their money, then the Fed money. (which, BTW, I don't
think is even secured)

Eisboch