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No F-bombs



May 01, 2009 – Comments (1)

No F-bombs this week, but a dustup on whether or not President B.O. was justified in getting his panties in such a bundle over those evil, speculating, hedge-fund holdouts who scuttled his close-up as the great negotiator in the Chrysler debacle.


1 Comments – Post Your Own

#1) On May 01, 2009 at 4:48 PM, garyc27 (< 20) wrote:

B.O. apparently believes that the U.S. Government, at their whim, has the right to disregard the rule of law and change long standing bankruptcy laws and the rules of structrual subordination.  Demonizing the bond holders is a serious policy mistake and may generate a negative climate for private money in the future.

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