"thunder" wrote in message
...
On Sat, 09 May 2009 18:40:53 -0400, Eisboch wrote:


The investors/bond holders were being pressured to go public with their
names and/or organizations

Do you have any cites for this allegation that don't trace back to
Lauria? You seem to have accepted his account, while ignoring the White
House denial, and more importantly, Perella Weinberg's denial.


I don't. I am going by the attorney statements made on the NPR interview.

But, think about it. The bond holders refused the 29 or 30 cents on the
dollar Fed offer, which forced the Chapter 11 filing.
They were hoping for a better deal via the bankruptcy court.

Then suddenly, they drop their claim, clearing the way for the Fed
recommended deal and walked away from a lot of money.

Why?