It's good to be the king -- until you start tripping over your own robe.So King Barack the Mild is finding as he tries to dictate the terms of what amounts to an out-of-court bankruptcy for Chrysler and GM. He wants Chrysler's secured lenders to give up their right to nearly full recovery in a bankruptcy in return for 15 cents on the dollar.
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In this Blog I will discuss Life the Universe and Everything, and maybe even Prairie Home Companion.
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4-25-2024
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