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To: org.whodat

Just curious, does the “secured” part of “secured credit” mean anything to you?


30 posted on 05/05/2009 5:48:53 PM PDT by MortMan (Power without responsibility-the prerogative of the harlot throughout the ages. - Rudyard Kipling)
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To: MortMan

Just curious do you understand a hedge firm takes bets, I doubt if they are secured and they know it. They are on the hook for betting Chrysler would pay. If you cannot pay don’t play.


33 posted on 05/05/2009 7:13:54 PM PDT by org.whodat (Auto unions bad: Machinists union good=Hypocrisy)
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