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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (467427)3/30/2009 3:15:58 PM
From: i-node  Read Replies (1) | Respond to of 1578006
 
>> bondholders are the guys who will get 10 cents on the dollar in an uncontrolled bankrupcy but perhaps 50 cents when controlled.

So, you would give unsecured creditors priority over secured creditors? People who made their investments based on specific liquidation precedence, and you just throw all that out the window some bunch of union flops can keep soaking the government?

>> Its hard for worker to give up salary and benefits.

Yeah and it is hard for business owners, too -- but we do it when necessary.