[darth]

Bonds were considered to be safer than equities until.....Obama and his henchmen ripped off the bondholders of GM and Chrysler.

[SeekAndFind]

Obama and his henchmen ripped off the bondholders of GM and Chrysler.

I have always wanted to ask about this -- What are the bond holders of GM and Chrysler left with right now ?

How are they going to be paid back ?

Securities Laws dictate that debt holders ( and bonds are a form of debt ) should be paid first before share holders when a company re-structures.