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

To: tejek who wrote (479158)5/8/2009 1:38:09 PM
From: michael97123  Read Replies (1) | Respond to of 1573812
 
"The senior creditors will get their 100%."

You sure?



To: tejek who wrote (479158)5/8/2009 2:04:02 PM
From: combjelly  Read Replies (1) | Respond to of 1573812
 
"The senior creditors will get their 100%. So they didn't lose."

Actually, last I heard, the judge isn't going along with the senior creditors. It could wind up that if they had accepted the administrations deal they would have been better off.



To: tejek who wrote (479158)5/15/2009 2:57:00 AM
From: Joe NYC2 Recommendations  Read Replies (1) | Respond to of 1573812
 
The senior creditors will get their 100%. So they didn't lose.

That explains it. Obviously you don't know what you are talking about.

Frankly, I like a gov't that takes an aggressive position in these negotiations instead of letting the private sector walk all over it. Obama did nothing dishonest.

He undermined just about every rule there is, regarding contracts, bankruptcy, honoring property claims. Basis the economy stands on.

Joe


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