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


To: Road Walker who wrote (512957)9/15/2009 9:48:25 AM
From: i-node  Read Replies (1) | Respond to of 1575598
 
Every expert said that if they went to a 'normal' BK they never would have emerged.

Every expert? Nonsense. There were TONS of "experts" who have been highly critical of Obama finding this judge to ignore the bankruptcy code.

In fact, no EXPERT I know of has approved of what was done. Only liberals seem to be okay with it. Experts recognize it has had, and will have, a chilling effect on capital formation and the debt markets.

Nobody, NOBODY, who knew anything about the business believed it couldn't "come out" of a bankruptcy.

You're making shit up. Again.



To: Road Walker who wrote (512957)9/15/2009 1:57:46 PM
From: Brumar89  Read Replies (1) | Respond to of 1575598
 
Its absurd to claim "they would never emerge" - thats the same as saying there is NOTHING in GM thats worth running. Even if that were true, it would be a lousy argument that we should pour federal funds down a bottomless pit trying to resurrect a hopeless company.