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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (482626)	5/21/2009 8:19:03 PM
From: TimF	1 Recommendation Read Replies (1) of 1573986

It wasn't the gov't; it was the BK judge. No it was the government. The government has controlled this whole bankruptcy proceeding. It itself is a major creditor, and then it presures or forces other major creditors to line up with it as part of their receiving bailout money. So it lined up a strong majority of creditors, and can pretty much determine the settlement. In theory the bankruptcy judge could make a decision that ignores the consensus of the majority of the creditors, but they usually don't, and have not (at least yet) in this case.

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