"Eisboch" wrote in message
...

"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.

- - -


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

Which is really what is going on here. Government and the corrupt are
trying to screw the bond holders. That is, welch on the debt. If the
courts don't uphold the bond holders right to secured property and a fair
shake, then you might as well hang a shingle out saying "In America we don't
pay our debts" and get the sub-zero credit rating cast in stone.

There isn't a liquidity crisis, there is a shortage of people paying their
debts dropping the nations credit rating. Government needs to support and
not try to end run debt laws.

But then, government is the biggest default debtor in the land. Scary
thought.

Canuck57 wrote:
"Eisboch" wrote in message
...
"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.

- - -

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

Which is really what is going on here. Government and the corrupt are
trying to screw the bond holders. That is, welch on the debt.


Money, property, and investments are no more valuable than life,
liberty, access to health care and a decent job. American workers have
been getting screwed for decades by the monied interests. Where's
*their* ownership/equity? Where? The monied interests destroyed it.

HK wrote:
Canuck57 wrote:
"Eisboch" wrote in message
...
"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.

- - -

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

Which is really what is going on here. Government and the corrupt are
trying to screw the bond holders. That is, welch on the debt.


Money, property, and investments are no more valuable than life,
liberty, access to health care and a decent job. American workers have
been getting screwed for decades by the monied interests. Where's
*their* ownership/equity? Where? The monied interests destroyed it.

You are such a socialist ass. Someone has to pay for health care and
provide jobs. By "jobs", are you implying work. They are two different
things, you know. Liberty has associated costs too. This push for
socialism is going to be the end of the good ole U S of A if it isn't
stopped. Wake up America. And F. Y. Harry.

"jim78565" wrote in message
...
HK wrote:
Canuck57 wrote:
"Eisboch" wrote in message
...
"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.

- - -

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

Which is really what is going on here. Government and the corrupt are
trying to screw the bond holders. That is, welch on the debt.


Money, property, and investments are no more valuable than life, liberty,
access to health care and a decent job. American workers have been
getting screwed for decades by the monied interests. Where's *their*
ownership/equity? Where? The monied interests destroyed it.

You are such a socialist ass. Someone has to pay for health care and
provide jobs. By "jobs", are you implying work. They are two different
things, you know. Liberty has associated costs too. This push for
socialism is going to be the end of the good ole U S of A if it isn't
stopped. Wake up America. And F. Y. Harry.


It amazes me how some people can quickly disregard the notion of a binding,
lawful contract when their purposes are no longer served.

I wonder how those of Harry's thinking would feel if they lost a significant
amount of money, say the bulk of their retirement funds, due to a company
going belly-up and, instead of liquidating the assets and distributing them
equally to the stockholders, the assets were instead "given" to another
entity and the stockholders got nothing or next to nothing. They'd be
screaming bloody murder. But that's basically what is being attempted in
the case of Chrysler.

Eisboch

"HK" wrote in message
m...


Money, property, and investments are no more valuable than life, liberty,
access to health care and a decent job. American workers have been getting
screwed for decades by the monied interests. Where's *their*
ownership/equity? Where? The monied interests destroyed it.


In this case, it really doesn't matter.

Other than the Jeep line, (which will probably be sold off as a whole
entity, either by the bankruptcy court or by Fiat if they prevail) Chrysler
really doesn't have a product worth salvaging. The soccer mom Caravan is
long in the tooth and due for a replacement.

Fiat is interested primarily in reestablishing a market in the USA. They
have already announced plans to introduce the Fiat 500 to compete with other
fuel efficient vehicles. They also are not putting up much (if any) money
to gain the 20 percent ownership of Chrysler. The unions will control 55
percent and the US government the rest. As the operational arm of
Chrysler, Fiat will basically restructure the entire company as a marketing
arm for their products. They may eventually do some minor assembly of
their products here like Toyota and Honda, but there's no way the company
will survive as it now exists.

Obama's promise was to guaranty union pension benefits using taxpayer's
money.

Chrysler has been dead for years ... since before Mercedes tried to revive
it. Didn't work. No pulse.

Eisboch

On May 6, 9:29*am, "Eisboch" wrote:

Obama's promise was to guaranty union pension benefits using taxpayer's
money.

Eisboch

Yup, pay back for the election.

On May 6, 9:29*am, "Eisboch" wrote:
"HK" wrote in message

m...



Money, property, and investments are no more valuable than life, liberty,
access to health care and a decent job. American workers have been getting
screwed for decades by the monied interests. Where's *their*
ownership/equity? Where? The monied interests destroyed it.

In this case, it really doesn't matter.

Other than the Jeep line, (which will probably be sold off as a whole
entity, either by the bankruptcy court or by Fiat if they prevail) *Chrysler
really doesn't have a product worth salvaging. * The soccer mom Caravan is
long in the tooth and due for a replacement.

Fiat is interested primarily in reestablishing a market in the USA. * They
have already announced plans to introduce the Fiat 500 to compete with other
fuel efficient vehicles. * They also are not putting up much (if any) money
to gain the 20 percent ownership of Chrysler. * The unions will control 55
percent and the US government the rest. * As the operational arm of
Chrysler, Fiat will basically restructure the entire company as a marketing
arm for their products. * They may eventually do some minor assembly of
their products here like Toyota and Honda, but there's no way the company
will survive as it now exists.

Obama's promise was to guaranty union pension benefits using taxpayer's
money.

Chrysler has been dead for years ... since before Mercedes tried to revive
it. * Didn't work. *No pulse.

Eisboch

They
have already announced plans to introduce the Fiat 500 to compete with
other
fuel efficient vehicles.

Have you seen the crash tests at 40 MPH....SCARY to say the least.
They better make it beefier than the Euro models.
After looking at the Smart for 2 crash into a heavy Mercedes ( drivers
side impact on both, head on ) , I'd trust a Smart before a Fiat 500.
If you want to see REAL scary crash tests...go look up the Chery
Amulet, a total DEATH-TRAP. The Russian junk fares no better.
There's an awesome crash simulation of the Smart (radio-controlled)
hitting an angled cement barrier at 70 MPH. The occupants would
survive. They could still open the passenger door.
I wonder if they'll try to resurect the Isetta. God help us.......

On May 6, 7:09*am, "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.

*- - -



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

Maybe if they hadn't put their goofy-looking mustachioed leader in the
ads, and built something earlier that people actually LIKED...this "
might " have not happened. Their designers were grasping at straws.
The only thing people seem to want, is the retro Challenger R/T. I've
heard a rumour that people are paying 10,000 OVER list " just to get
one ".

On Wed, 6 May 2009 07:09:17 -0400, "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.

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.

What has happened to the American taxpayer, you, me, the liberal Sob
Brothers Group who post here is this - Obama and his minions buried
the fact that they don’t expect repayment on any of the TARP funds
granted to Chrysler and won’t even keep a position in the company for
any extended period of time.

The American taxpayer will get nothing for the billions of dollars
showered on Chrysler from which the UAW and FIAT will benefit the
most.

Obama's administration said just yesterday that the $8 billion in
“bridge loans” the U.S. taxpayer has given to Chrysler over the past
six months, including $4 billion in bankruptcy financing, won’t be
paid back. Taxpayers also won’t be getting a big slug of Chrysler
stock in exchange.

http://money.cnn.com/2009/05/05/news...oans/index.htm

Chrysler will be divided up among Fiat, Chrysler’s unions, and
Chrysler’s debtholders. Which means that the taxpayers’ $8 billion
was a gift to these three consitituencies.

I wonder whether the Obama administration will explain its “gift” to
the saps who paid for it. I’d say that the explanation is obvious.
The White House wanted to pay off the UAW and used the shell of
Chrysler to do it.

How do you like your boy now?

Tom Francis - SWSports wrote:
On Wed, 6 May 2009 07:09:17 -0400, "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.

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.

What has happened to the American taxpayer, you, me, the liberal Sob
Brothers Group who post here is this - Obama and his minions buried
the fact that they don’t expect repayment on any of the TARP funds
granted to Chrysler and won’t even keep a position in the company for
any extended period of time.

The American taxpayer will get nothing for the billions of dollars
showered on Chrysler from which the UAW and FIAT will benefit the
most.

Obama's administration said just yesterday that the $8 billion in
“bridge loans” the U.S. taxpayer has given to Chrysler over the past
six months, including $4 billion in bankruptcy financing, won’t be
paid back. Taxpayers also won’t be getting a big slug of Chrysler
stock in exchange.

http://money.cnn.com/2009/05/05/news...oans/index.htm

Chrysler will be divided up among Fiat, Chrysler’s unions, and
Chrysler’s debtholders. Which means that the taxpayers’ $8 billion
was a gift to these three consitituencies.

I wonder whether the Obama administration will explain its “gift” to
the saps who paid for it. I’d say that the explanation is obvious.
The White House wanted to pay off the UAW and used the shell of
Chrysler to do it.

How do you like your boy now?


If you mean Obama, just fine. I think it entirely appropriate for the
government to take steps, including blowing if necessary some billions
of dollars to try to save a significant U.S. industry.

I've seen a number of estimates of $2 trillion plus as the ultimate cost
of Bush's trumped up war against Iraq. What will we taxpayers have to
show for that, aside from 4000+ bodies of U.S. service personnel, tens
of thousands of seriously ill or injured service personnel, and for the
Iraqis, tens of thousands dead, maybe hundreds of thousands.

I'll bet Halliburton and other contractors in Iraq cost us more than the
Chrysler bailouts.

I don't recall you or the other righties whining about the hundreds of
billions we blew in Iraq under Bush.