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Statement From Non-Tarp Lenders of Chrysler (Bondholders say Obama is trying to screw them)
The Wall Street Journal ^ | April 30, 2009 | Stephen Grocer

Posted on 04/30/2009 8:55:39 AM PDT by St. Louis Conservative

click here to read article


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To: IrishPennant
Related thread:

Loan Program's Scarlet Letter ( Government will own only weak companies )

21 posted on 04/30/2009 9:08:24 AM PDT by Ernest_at_the_Beach (Support Geert Wilders)
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To: Petronski
Lie back and enjoy it.

Wasn't that what Tex Antoine said also?

22 posted on 04/30/2009 9:08:28 AM PDT by Joiseydude (Kate Smith - God Bless America http://www.youtube.com/watch?v=pCavKL2zdjM GREAT visual interpretatio)
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To: Joiseydude

Baraq is live on tv now talking about it.


23 posted on 04/30/2009 9:10:52 AM PDT by nascarnation
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To: St. Louis Conservative
Bondholders say Obama is trying to screw them

"Welcome to the party, pal!"

24 posted on 04/30/2009 9:12:43 AM PDT by Charles Martel ("Endeavor to persevere...")
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To: nascarnation

Why do I suddenly feel the need to vomit?


25 posted on 04/30/2009 9:12:55 AM PDT by Joiseydude (Kate Smith - God Bless America http://www.youtube.com/watch?v=pCavKL2zdjM GREAT visual interpretatio)
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To: nascarnation

Baraq is telling us about the Fiat fuel efficient cutting edge cars they will build.


26 posted on 04/30/2009 9:13:37 AM PDT by nascarnation
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To: nascarnation

He’s now demonizing the hedge funds and investment houses.
St. Baraq trying to save the US auto industry.


27 posted on 04/30/2009 9:15:23 AM PDT by nascarnation
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To: nascarnation

“a small group of speculators endangering Chrysler’s future”


28 posted on 04/30/2009 9:17:12 AM PDT by nascarnation
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To: Oldexpat
Shouldn’t the CEO of Chrysler be making the announcement of their bankruptcy filing? Certainly not Zero. The world is turning upside down.

BINGO! Something really kooky going on here. Apparently, the POTUS has nothing better to do. Someone should tell him that he's moved on from community organizing.

29 posted on 04/30/2009 9:17:47 AM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: Parley Baer
I wonder if the bankruptcy will wind up before the Supreme Court with all the screwing that Obama is doing?

During discovery, someone should inquire as to the whereabouts of his birth certificate!

30 posted on 04/30/2009 9:19:02 AM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: nascarnation

“He’s now demonizing the hedge funds and investment houses.”

Failing to mention that those hedge funds and investment houses are responsible for investing people’s retirement funds and 401-k’s in those bonds.

Why am I watching him and thinking of Hugo Chavez?


31 posted on 04/30/2009 9:19:14 AM PDT by Dinah Lord (fighting the Islamofascist Jihad - one keystroke at a time...)
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To: Oldexpat

“Shouldn’t the CEO of Chrysler be making the announcement of their bankruptcy filing? Certainly not Zero”

FASCISM-It’s what they voted for.


32 posted on 04/30/2009 9:19:46 AM PDT by tcrlaf ("Hope" is the most Evil of all Evils"-Neitzsche)
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To: grellis; AdmSmith; Berosus; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; ...
As of last night's deadline, we were part of a group of approximately 20 relatively small organizations; we represent many of the country's teachers unions, major pension and retirement plans and school endowments who have invested through us in senior secured loans to Chrysler. Combined, these loans total about $1 billion. None of us have taken a dime in TARP money... we have been systematically precluded from engaging in direct discussions or negotiations with the government; instead, we have been forced to communicate through an obviously conflicted intermediary: a group of banks that have received billions of TARP funds.

33 posted on 04/30/2009 9:20:16 AM PDT by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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To: Dinah Lord

And he can take his “shared sacrifice” and stick it where the sun don’t shine.

I don’t see him doing much in the way of sacrifice...


34 posted on 04/30/2009 9:20:28 AM PDT by Dinah Lord (fighting the Islamofascist Jihad - one keystroke at a time...)
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To: Tarpon
Precisely!

Get a frikken lawyer...get the best one from the best firm, preferably a Republican.

35 posted on 04/30/2009 9:20:37 AM PDT by SonOfDarkSkies
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To: nascarnation

It’s so weird to me watching the guy constantly pivot from left TOTUS to right TOTUS and never look at the camera


36 posted on 04/30/2009 9:20:40 AM PDT by nascarnation
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To: nascarnation
“a small group of speculators endangering Chrysler’s future”

Its the credit default swaps. Bankruptcy is a default event. If Chrysler files, they get the insurance money to make them whole. If they cut a deal, they lose! Either way, if AIG is on the other side of those swaps, you and I, as tax payers, take it in the shorts...

37 posted on 04/30/2009 9:20:47 AM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: chiefqc

“he along with this corrupt team and the corrupt elected officials in Washington, are screwing the entire American people.”

EVIDENCE:
Obama said last night he had “CREATED OR SAVED!” 150,000 jobs, so far.

I’m sure that’s comfort to the 2+ MILLION Americans laid off since Obama took over, and the 27,000 LAID OFF TODAY.


38 posted on 04/30/2009 9:21:32 AM PDT by tcrlaf ("Hope" is the most Evil of all Evils"-Neitzsche)
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To: nascarnation

Santelli on CNBC saying what happened to the Constitution?

GO RICK!


39 posted on 04/30/2009 9:21:49 AM PDT by nascarnation
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To: SonOfDarkSkies
Get a frikken lawyer...get the best one from the best firm, preferably a Republican.

The Left has controlled most law schools since the 1980s. You might have to hunt around a bit...

40 posted on 04/30/2009 9:22:08 AM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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