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Politics : Politics for Pros- moderated
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To: Brian Sullivan who wrote (298999)3/30/2009 7:37:42 PM
From: LindyBill   of 794094
 
I think your delusional on this one Bill.

Probably so. But they will play hell taking down the bondholders and keeping the union employees whole at the same time. If they kowtow to the unions, they will have to pay off the bondholders. Their whole interest is the Union.

I figured the bonds were worthless a year ago. So the recent interest payments on them this quarter was a pleasant surprise.
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