Really? I would think that the courts should follow bankruptcy law, which states that the senior creditors have the first stake in the reorganization or liquidation.
I think that by your comment about who the bondholders are you would like the settlement to be political, like the Obama team. I would like the matter settled by law.
Long story short re GM, bondholders will get what the courts give tehm.
Many of the bondholders are not lil ol ladies, but hedge funds who boughtthem at a deep discount and are trying to make a big score. Nothing wrong wityh that, just saying…
Oh well. I see that things have not changed on the OT.
Bridges and M4L: the spelling of the bridge is Verrazano.
m4l, did you ever fly into Hong Kong’s old Kai Tak Airport??? Man was that always fun!!!!!
my grandparents were born here. took a boat to go back to China. Guess it’s an upgrade that I flew in.
“My ancestors came over on a schmaltz ship and headed straight for the borscht belt.”
Ha! Let me guess…the Concord? Kutshers?
“Verrozano bridge = “guinea gangplank”. don’t start, my grandparents came over on a spaghetti boat”
My ancestors came over on a schmaltz ship and headed straight for the borscht belt.
Denton;
Really? I would think that the courts should follow bankruptcy law, which states that the senior creditors have the first stake in the reorganization or liquidation.
I think that by your comment about who the bondholders are you would like the settlement to be political, like the Obama team. I would like the matter settled by law.
Verrozano bridge = “guinea gangplank”. don’t start, my grandparents came over on a spaghetti boat
congrats snappy! You’re now a green shoot.
Long story short re GM, bondholders will get what the courts give tehm.
Many of the bondholders are not lil ol ladies, but hedge funds who boughtthem at a deep discount and are trying to make a big score. Nothing wrong wityh that, just saying…
“dh is using an old TRS 80 just to be trendy”
I don’t even know what that is!! haha.