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Politics : Formerly About Advanced Micro Devices
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To: michael97123 who wrote (467456)3/30/2009 4:24:36 PM
From: i-node1 Recommendation  Read Replies (2) of 1578100
 
>> Union workers and Bondholders have the same interest to get most of the things they now get and not lose it all.

Avoiding Chapter 11 serves one purpose only: to give Labor an advantage over secured creditors. There is no other reason for it.

Chapter 11 is where these companies need to be.
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