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


To: combjelly who wrote (482955)5/23/2009 1:01:10 PM
From: i-node1 Recommendation  Respond to of 1573889
 
>> I don't see why taxpayer money should be given to those creditors.

I don't see why taxpayer money should be given to the UAW to support an utterly non-viable business model.



To: combjelly who wrote (482955)5/24/2009 9:25:31 PM
From: TimF  Read Replies (1) | Respond to of 1573889
 
Senior creditors with a combined greater debt, will wind up with a smaller percentage of the company (through taking equity in place of some of the debt) than the unions.