SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (484532)5/31/2009 2:43:54 PM
From: tejek  Read Replies (2) | Respond to of 1574180
 
"They don't have to bid for anything."

No, they don't.

"They can either accept the bid the government is offering, or, let the bankruptcy court assign them equity ownership of the new company."

Which is what is happening. There are some creditors who aren't happy with the deal. They have options. Which, instead of exercising them are whining.

"Obama is using the bankruptcy to financially reward his financial backers."

You keep claiming this but haven't provided anything but paranoid speculation. If you truly believe it, file a complaint instead of whining.


This misinformation is getting passed [intentionally I might add] from one winger to the next. Its how they remain ignorant of the facts while perpetuating their ideology.