On Sat, 09 May 2009 18:06:16 -0500, thunder
wrote:

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.

"Shortly after the Obama press conference, Perella Weinberg changed
its stance and said it supported the deal."

http://uk.reuters.com/article/bankru...41888520090504

Um..it's not exactly a denial. Here's the statement.

"In considering the President's words (Please take note of that
phrase) and exercising our best investment judgment (Please take note
of that phrase), we concluded that the risks of potentially severe
capital loss that could arise from fighting this in bankruptcy court
far outweighed any realistic potential upside," PWP said. "

That's not a denial. PWP is a small, boutique firm that is heavily
involved in advising the FDIC on it's bank/saving and equity insurance
programs.

If you had a choice to lose $100 tax loss or lose a $10,000 no-bid
contract which would you choose?