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Geithner to Put Chrysler in Bankruptcy Next Week
Seeking Alpha ^
| April 23, 2009
| Unknown
Posted on 04/23/2009 4:30:28 PM PDT by An Old Man
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More Cheerie News
What can I say.
To: An Old Man
US Treasury now in the business of filing bankruptcy for corporations. Unbelievable what is going on.
2
posted on
04/23/2009 4:34:09 PM PDT
by
paul51
(11 September 2001 - Never forget (July 4, 2009 see you there))
To: An Old Man
Great, so now I take my truck to Mr ObamoWrench?
3
posted on
04/23/2009 4:34:17 PM PDT
by
mylife
(The Roar Of The Masses Could Be Farts)
To: An Old Man
The gubmint buys out these company’s with our money, then declares bankruptcy to fleece us of Billions.
FUBO! Geihtner too!
4
posted on
04/23/2009 4:36:38 PM PDT
by
mylife
(The Roar Of The Masses Could Be Farts)
To: An Old Man
The Treasury Department is preparing a Chapter 11 bankruptcy filing for Chrysler.... I don't like the way that reads.
Chrysler can't prepare their own documents?
Nice that all the union crap is untouched....
5
posted on
04/23/2009 4:38:39 PM PDT
by
LasVegasMac
(Islam: Bringing the world death and destruction for 1400 years!)
To: mylife
6
posted on
04/23/2009 4:38:43 PM PDT
by
super7man
To: paul51
“Goverment” You will now pay for their pensions and retiree health care benefits and GM in the future too.
7
posted on
04/23/2009 4:39:43 PM PDT
by
navysealdad
(http://drdavehouseoffun.com/)
To: mylife
Has anybody checked to see if Geithner filed his taxes this year or filed for an extension?
8
posted on
04/23/2009 4:40:28 PM PDT
by
Thebaddog
(Obama really did believe that stuff he was saying during the campaign)
To: paul51
No Kidding. This is all incredible. All I can say it WTF. The American people, as a whole, are dumber than shit.
To: Thebaddog
Hey. Who knows? He runs the joint now. :(
10
posted on
04/23/2009 4:42:33 PM PDT
by
mylife
(The Roar Of The Masses Could Be Farts)
To: super7man
11
posted on
04/23/2009 4:43:16 PM PDT
by
mylife
(The Roar Of The Masses Could Be Farts)
To: An Old Man
I remember back in the olden days, when they were telling us what a disaster it would be for any of the car companies to declare bankruptcy.
12
posted on
04/23/2009 4:44:16 PM PDT
by
Wissa
(I despise the liberal media.)
To: An Old Man
How totally useless. The One bails out a PRIVATE company whose owners don't even think it is worth pouring money into.
13
posted on
04/23/2009 4:47:47 PM PDT
by
JoeGar
To: paul51
Exactly. Someone please explain to me how the US Treasury Dept. has standing to file a bankruptcy petition on behalf of a private corporation (assuming that it isn't an involuntary case).
I suppose, though, that if the government has standing to oust the president of a private corporation, that it can throw a private corporation into bankruptcy.
14
posted on
04/23/2009 4:48:44 PM PDT
by
Fast Moving Angel
(There are no points for second place.)
To: paul51
US Treasury now in the business of filing bankruptcy for corporations.I'm sort of curious how that works myself.
15
posted on
04/23/2009 4:49:28 PM PDT
by
Glenn
(Free Venezuela!)
To: An Old Man
What about the salaried employees?
To: An Old Man
I can see the headlines tomorrow:
Auto stocks soar on news...
17
posted on
04/23/2009 4:52:36 PM PDT
by
demsux
To: always vigilant
--
This is all incredible. All I can say it WTF. The American people, as a whole, are dumber than shit. --
Fat, dumb and happy yesterday; fat, dumb and unhappy today.
Quite a few people saw this [government and its puppet-master too big for its britches] coming. The only mysteries lie in the details of "when" and "how."
18
posted on
04/23/2009 4:52:42 PM PDT
by
Cboldt
To: Retired Chemist
What about the salaried employees? Golden Parachutes?
19
posted on
04/23/2009 4:57:14 PM PDT
by
An Old Man
(Use it up, Wear it out, Make it do, or Do without.)
To: Cboldt
Don't be so hard on those folks.
If you want to git yer britches in a wad, follow up on what these fine folks are considering:
Pacific Grove California Explores Bankruptcy Over Pension Issues
In an effort to rein in pension costs, Pacific Grove California Explores Bankruptcy.
If they are successful we better start building Bomb Shelters again.
20
posted on
04/23/2009 5:05:02 PM PDT
by
An Old Man
(Use it up, Wear it out, Make it do, or Do without.)
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