The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (202119)	5/13/2009 5:32:23 PM
From: Galirayo	Read Replies (1) of 306849

I assume that you think all is fair in Government against the Senior Note Holders ? [Print] [Email] White House puts UAW ahead of property rights By: Michael Barone Senior Political Analyst 05/05/09 8:11 PM EDT Chrysler headquarters is shown in Auburn Hills, Mich., Wednesday April 29, 2009. (AP Photo/Paul Sancya) Last Friday, the day after Chrysler filed for bankruptcy, I drove past the company’s headquarters on Interstate 75 in Auburn Hills, Mich. As I glanced at the pentagram logo I felt myself tearing up a little bit. Anyone who grew up in the Detroit area, as I did, can’t help but be sad to see a once great company fail. But my sadness turned to anger later when I heard what bankruptcy lawyer Tom Lauria said on a WJR talk show that morning. “One of my clients,” Lauria told host Frank Beckmann, “was directly threatened by the White House and in essence compelled to withdraw its opposition to the deal under threat that the full force of the White House press corps would destroy its reputation if it continued to fight.” washingtonexaminer.com We Got Change .. Like it or Not. Real Estate Senior Holders ... 1st Mortgage Holders .. ARE They Next ?

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