To: Kieri
Shouldn’t a judge be presiding over this? The UAW has $10B and gets 39%, whereas bondholders have $27B and get 10%? How is this legal?
To: TheWasteLand
The affirmative action Marxist won the election. He makes the rules now.
15 posted on
04/28/2009 10:57:55 AM PDT by
MHGinTN
(Believing they cannot be deceived, they cannot be convinced when they are deceived.)
To: TheWasteLand
How is this legal?Fascists see laws like ice cream: easily melted.
17 posted on
04/28/2009 10:58:31 AM PDT by
Petronski
(For the next few years, Gethsemane will not be marginal. We will know that garden. -- Cdl. Stafford)
To: TheWasteLand
That's the whole point: the gov was trying to get 90% of the creditors to agree to their 'plan' to shift all their debt and equity to the UAW. Since some of these players are caught on the TARP hook, the gov probably thought this was an offer "they couldn't refuse".
Looks like some of them grew a backbone, and realized they would get a fairer break from a bankruptcy judge than the kleptocrats in the Obama admin and their UAW pals.
19 posted on
04/28/2009 10:59:39 AM PDT by
pierrem15
("Let all the poisons that lurk in the mud hatch out.")
To: TheWasteLand
Because their messiah Zero says so.
25 posted on
04/28/2009 11:02:16 AM PDT by
edge10
(Obama lied, babies died!)
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