Sounds like the obama GM “bailout.”
Despite a 100 years of contract law.
Everyone takes a haircut except the unions.
“Everyone takes a haircut except the unions.”
MILLIONS are still thinking that when a bank personage says “ It’s guaranteed by the FDIC “ or something like — ‘Your money is gtd by the FDIC or PBGC for this pension plan’ that they are - home free-
Anyone recall the FSLIC ?
YOU’RE Screwed folks !