Vic Smith wrote:
On Sat, 9 May 2009 18:19:51 -0400, "Eisboch"
wrote:

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

Basically, the bond holders have thrown in the towel due to
overwhelming political pressure.
Awwwww.

Do you think the Chrysler bond holders are all evil, greedy crooks?

Eisboch

I think the "investment community" sold this country down the river in
order to feed its unsatiable greed. Millions upon millions of Americans
are suffering because of their greed and the nonfeasance of the Bush
Administration, and they are suffering far worse than the loss of just
money.

Ah, huh. Now, do you think the Chrysler bond holders are all evil, greedy
crooks?
Don'tcha think *they* are the ones that have provided Chrysler the financing
to keep the
doors open, the employees paid and the pension plans funded?

Those investments were secured by the assets of Chrysler.
The unions don't have secured asset claims, yet they are getting 55% of the
company.
Fiat doesn't have secured asset claims, yet they are getting 20% of the
company.

The ones with a legal claim to the assets get nothing.

What do you mean "legal?"
Are laws being broken?
I haven't looked at the details, but I thought this was still in
court.

Everybody is rolling over and acceding to the Dear Leader's wishes.

Even the courts are looking the other way.

BAR wrote:
Vic Smith wrote:
On Sat, 9 May 2009 18:19:51 -0400, "Eisboch"
wrote:

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

Basically, the bond holders have thrown in the towel due to
overwhelming political pressure.
Awwwww.

Do you think the Chrysler bond holders are all evil, greedy crooks?

Eisboch

I think the "investment community" sold this country down the river
in order to feed its unsatiable greed. Millions upon millions of
Americans are suffering because of their greed and the nonfeasance
of the Bush Administration, and they are suffering far worse than
the loss of just money.

Ah, huh. Now, do you think the Chrysler bond holders are all evil,
greedy crooks?
Don'tcha think *they* are the ones that have provided Chrysler the
financing to keep the
doors open, the employees paid and the pension plans funded?

Those investments were secured by the assets of Chrysler.
The unions don't have secured asset claims, yet they are getting 55%
of the company.
Fiat doesn't have secured asset claims, yet they are getting 20% of
the company.

The ones with a legal claim to the assets get nothing.

What do you mean "legal?"
Are laws being broken?
I haven't looked at the details, but I thought this was still in
court.

Everybody is rolling over and acceding to the Dear Leader's wishes.

Even the courts are looking the other way.


Is Obama causing you stress?

Hope so.

On Sat, 09 May 2009 20:18:30 -0400, HK wrote:

BAR wrote:


Everybody is rolling over and acceding to the Dear Leader's wishes.

Even the courts are looking the other way.


Is Obama causing you stress?

Hope so.

"Dear Leader." That's hilarious.

The "Dear Leader" left office on the 20th of January.

Took your rights, rifled your pockets and you didn't blink.