Something stinks about this. The creditors would get more of their money bank with Icahn's bid but the bankruptcy court wants to make sure a foreign government gets this large, multi-billion-dollar chunk of US telecommunications - for the original chump change they bid on it.
Thanks to this ruling, the foreign government has the exclusive right to do that.
Something stinks about this.
//////////
Big time.
Nah, it's just part of the greater scheme of things of globalisation. Everything in the US is for sale or export, jobs, secrets, technology, sovereingty, our corporations. Next week we will be holding an auction to sell Hawaii, California, Alaska, the Louisiana territory. Oh and yes, we are giving the Southwest back to Mexico. Ain't free trade great?