[Hotlanta Mike]

What about the secured bondholders who got cheated as well?

They were given “secured” bondholder status to entice them to loan money to GM on the basis that if the company was to go under they would be first in line during any bankruptcy or liquidation of the assets.

Obama et al are nothing more than a criminal cabal...CRIME INC

[SJackson]

What about the secured bondholders who got cheated as well?

Death to the BondHolders.

Death to the ShareHolders.

And it's not CRIME INC, it's Hope and Change.