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To: Brumar89 who wrote (304000)	5/6/2009 4:30:08 PM
From: DMaA	Read Replies (2) \| Respond to of 793681

And the WH lied about it. Never happened. There should be a media frenzy about this bankruptcy-gate. What did Obama know about this and when did he know it? compelled to withdraw its opposition to the deal under threat that the full force of the White House press corps would destroy its reputation .....

To: Brumar89 who wrote (304000)	5/6/2009 4:38:22 PM
From: Neeka	1 Recommendation Respond to of 793681

All of a sudden liberals are willing to give the benefit of doubt to this administration, but derided and scorned every utterance coming out of the previous admin regardless of truth. They are so obvious! They are traveling down the same unreliable path as the Globe and the NYTs and are leaving behind crumbs of hypocrisy, denial and bias. Their word becoming more and more untrustworthy and irrelevant. Left-wing bloggers have been saying that the White House’s denial of making threats should be taken at face value and that Lauria’s statement is not evidence to the contrary.

To: Brumar89 who wrote (304000)	5/6/2009 5:02:29 PM
From: Glenn Petersen	1 Recommendation Respond to of 793681

While I am not an attorney, I have advised a number of clients that were either in bankruptcy or contemplating a bankruptcy filing. It has been my experience that while the bankruptcy courts are like the Wild Wild West, from that chaos most companies that do successfully emerge from bankruptcy end up with capital structures that approximate, or at least respect, the pre-existing legal rights of their creditors and shareholders. Obviously, that is not going to be the case here. I would not be surprised if GM and Chrysler are the first two stocks that Obama has ever "owned." I am waiting for a detailed analysis of the Chrysler bankruptcy from a good bankruptcy attorney. While I'm waiting: . . . the Chrysler agreement is again overbroad in transferring liabilities in excessive amounts than normal to the buyer, among other things transferring accounts payable, environmental liabilities and obligations for warranties. But there are still exclusions from the transferred liabilities that will remain with the bankrupt Chrysler entity. This appears to include all claims for product liability that are pending. Selected litigation liabilities are also excluded, including workers’ compensation claims . . . it appears that if your warranty is expired or inapplicable, and your claim is one for negligence for product liability, you are one of these out-of-luck people. Message 25618053