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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (298860)	3/30/2009 12:39:17 AM
From: KLP	Respond to of 794298

Well, that's Good! But remember what else O said....more sacrifices, "for the bondholders too...." What's that I hear....Atlas is moving, shaking off dirt and crap of the week, and has gone to buy a very large hole digger ... "underground" did I hear that right?

To: LindyBill who wrote (298860)	3/30/2009 7:24:01 PM
From: Brian Sullivan	3 Recommendations Read Replies (1) \| Respond to of 794298

The good news for me is now my GM bonds are backed up by the US Gov. I think your delusional on this one Bill. Everytime I hear them talk about GM on CNBC they say that the government is going to force the GM bondholders to take a major haircut on these bonds. Something like one share of GM common for every $100 par value in bonds. With GM trading at 2-3 dollars a share your talking a 97% haircut. Good luck with your GM bonds. obama@bankruptcy.com