Are these stealing asshats gonna ‘buy back’ the bonds they paid pennies on the dollar to those premium bond investors that were raped at Obama’s request?
Oh, you don't understand. A traditional bankruptcy would have been much too costly and inefficient. Obama had to step in for the good of the country. The fact that the bondholders got completely screwed and the unions emerged unscathed (they had already sacrificed SO much in earlier contract negotiations ya know!) is pure coincidence./sarc