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To: jazusamo
"Yes, they [the bondholders] got hit the worst."

Not true. The bondholders at least got pennies on the dollar. The stockholders got zero. The Delphi non-union workers lost their pensions completely.

13 posted on 12/17/2013 6:27:20 PM PST by norwaypinesavage (Galileo: In science, the authority of a thousand is not worth the humble reasoning of one individual)
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To: norwaypinesavage

I stand corrected, you’re right.


14 posted on 12/17/2013 7:43:30 PM PST by jazusamo ([Obama] A Truly Great Phony -- Thomas Sowell http://www.freerepublic.com/focus/news/3058949/posts)
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