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.

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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- Hide quoted text -

- Show quoted text -

It's obvious that Harry knows nothing about business. His idea of big
business is letting the government do anything and everything. And no,
that's not necessarily liberal thinking, it's dark ages thinking.