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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (3336)12/18/2008 12:21:28 AM
From: RMF  Read Replies (2) | Respond to of 103300
 
Is that the same Moody's that gave "AAA" ratings to a lot of "junk" mortgage paper??

Well, that's a different issue.

You say "prepackaged" bankruptcy, I say Loans with conditions that essentially equate to bankruptcy but not using that particular word.

Either way, the Auto Companies restructure, except for Chrysler, which will fold with it's assets absorbed by others.