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

To: TimF who wrote (530033)	11/21/2009 5:19:48 PM
From: tejek	Read Replies (1) \| Respond to of 1575207

If the judge is doing his job correctly, he should not have been influenced by Obama's position. The judge is supposed to look out for the interests of the creditors. Obama tossing tens of billions in to the pot would be in their interest. The rules imposed in order to get it, aren't in the interest of the senior creditors (since they are discriminated against in favor of the unions, when it should be the other way around), Why should it be the other way around? Why are the workers so unimportant to you? but the junior creditors benefit, and some of the senior creditors supported it because they received government funds themselves, or because of pressure from the government outside of the actual bankruptcy proceedings. So when the government is pushing the solution, the junior creditors (at least the unions which are the main group in this category are supporting it), and a number of the senior creditors are supporting it (even if their only doing so because the government is pushing them to accept the deal), its not quite corrupt for the judge to approve of the deal. So the judge wasn't corrupt. He was just doing his job. Is that right?