Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (486465)	6/9/2009 12:55:39 AM
From: i-node	3 Recommendations Read Replies (1) of 1576092

>> What law was violated? Looking for a credible link. Stealing money from the bondholders to give to the UAW. This entire deal was structured to take money from those who, in good faith, put money into the automakers with an understanding as to debt liquidation preference. That money was to then be given to the UAW for no reason, whatsoever. The unions have no standing to receive a red cent in this deal. They ought to be damned grateful to escape with some of the jobs. The UAW, more than anyone else, CAUSED this problem. So why in hell should they receive preferential treatment? The Supreme Court is going to hold, I believe, that they shouldn't.

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