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Tag Archives: tarp
Some Lenders Object, Why Not Others?
20 Chrysler lenders or about 30% of the debt Chrysler owes lending institutions are objecting to getting fleeced in the governments planned “surgical bankruptcy” plan. In a normal bankruptcy the senior secured creditors (the lenders) are first in line, while … Continue reading
Posted in Chris' Page, Domestic Politics, regulation
Tagged bankruptcy, banks, Chrysler, government coercion, tarp, thuggery
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