SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joe NYC who wrote (483871)5/28/2009 3:54:05 PM
From: combjelly  Read Replies (1) of 1574211
 
"Offer for what? They already "own" the assets."

No single entity does.

There is $2.5 billion in play. The senior creditors get that. Now some feel it isn't enough. But there are no other offers on the table. Why is that?

The corruption part is when he takes:
a) these stolen assets
b) taxpayer money
and uses them to reward his campaign contributors (UAW).


None of that was done. The assets weren't stolen, they are in BK proceedings. And Obama isn't rewarding anyone. The new Chrysler is just trying to get the unions to buy into the success of the new company.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext