Hooray for Chrysler’s Rogue Creditors

White House Threatened Investors

Or better yet there's an interview with Tom Lauria who represents a group of lenders involved with Chrysler said one of his clients (Parella Weinberg) pulled out because the White House threatened the wrath of the White House Press Corps against them.

Obama is a punk, wannabe thug. I'm glad somebody stood up to him. Are their any men left in D.C.?

Duncan Hunter of FL @ May 02, 2009 09:26:04 AM

CHRYSLER

WHITE HOUSE INTERFERENCE

Chrysler and its “rogue” debt holders shouldn’t give in to the Administration’s bully pulpit.

http://pacificgatepost.blogspot.com/2009/05/dilettantes-at-chrysler-gate.html

James Raider of WA @ May 02, 2009 01:28:12 AM

Pressuring property (bond) owners

This is a problem of Morality vs. Immorality: violence and threats of violence against the investors by people who call themselves "The Government". Caving in will only embolden the immoral to use more violence. Appeasement never works.

Record their telephone calls, go to court, drag them through whatever remains of the Free Press in this country. Get as high a profile on this as possible, with as much publicity as possible.

MrYules of TX @ May 01, 2009 18:59:57 PM

Airlines have been made more efficient by bankruptcy too.

The American economy thrives on the school of hard knocks. Any industry and their labor force protected by government eventually rots, e.g. public schools in inner cities, USPS, etc.

Lee of VA @ May 01, 2009 18:18:38 PM

Watch out for Chicago Attorneys

Yep, I'll bet right now our Favorite JR Senator is working some other un-Constitutional manuver to "force" this deal. Sure hope it doesn't fly.

I keep reading stories about when you know things are getting better with the economy...

It will be when business AND OUR CONGRESS step up and say NO WE WON'T, MR OBAMA!

Chris Petty of GA @ May 01, 2009 18:07:03 PM

investors, not unions

Thank God for people with spines. The American people are the ones getting screwed while union members and retirees retain their great pensions, salaries and benefits. You would think

the union would like to save a few more jobs at less salary, but

no way. Doesn't make sense.

Unions are just another layer for corruption...

A Potter

SC

Ann Potter of SC @ May 01, 2009 15:02:57 PM

ObamaMobile by UAW

What does the ObamaMobile look like? How well will it drive? What will be its fuel economy? How will the company remain solvent? And who in the heck will want to buy an ObamaMobile? NOT ME!

QR4J of IL @ May 01, 2009 15:02:49 PM

CHRYSLER

I hope the hedge funds lose their BUTT IN THE COURTS!

Wally of WI @ May 01, 2009 14:42:55 PM