And your name is appropriate as well - virtual truth - that is truth that is not real.
VT VirtualTruth wrote: > Actually the Hedge funds bought insurance on the bonds in case > of bankruptcy. So they are protected. > > Everyone else BUT the Hedge funds took a cut and the Unions > gave back a lot in exchange for a reward IF Chysler pulls through. > > It is called incentive. > > Dick your name is appropriate. > > On Apr 30, 7:00 pm, dick thompson <[email protected]> wrote: > >> Between the unions and the hedge funds who own a lot of the paper on >> these auto companies Bambi might just have some problems. Last I read >> he was trying to get the hedge fund people to take 29% on the >> investments. The problem with that is that the people who provide the >> capital the hedge funds invested are precisely the people Bambi needs to >> invest in all his make-work fantasies. >> >> VT VirtualTruth wrote: >> >>> The problem is a mirror image to the bank bailout when the financial >>> institutions >>> got bailout money from the Treasury with no strings attached and used >>> the money to pay the unearned bonuses to the idiots who bankrupted >>> the >>> financial institution. Bush did nothing to stop this. >>> >>> Obama will not allow the same thing to happen with the Auto Bailout. >>> He will >>> not allow the >>> >>> On Apr 30, 5:01 pm, dick thompson <[email protected]> wrote: >>> >>>> Love the one about does the US even need an auto industry - can't you >>>> just see the UAW on that subject!! >>>> >>>> [ Attached Message ]From:NYTimes.com >>>> <[email protected]>To:[email protected]:Thu, 30 Apr 2009 >>>> 16:39:14 -0400Local:Thurs, Apr 30 2009 4:39 pmSubject:Afternoon Update: >>>> 'Surgical' Bankruptcy Is Set for ChryslerTo view the latest headlines on >>>> your mobile device, go tohttp://m.nytimes.com/Ifyou have trouble reading >>>> this e-mail, go tohttp://www.nytimes.com/afternoonupdate Thursday, April >>>> 30, 2009 >>>> Compiled 4 PM E.T. TOP STORIESAdvertisement‘Surgical’ Bankruptcy Is Set >>>> for Chrysler >>>> By MICHELINE MAYNARD >>>> The U.S. will provide financing during the bankruptcy proceeding, which >>>> President Obama said would be “quick, official and controlled.”A Primer on >>>> a Chrysler Bankruptcy >>>> By MICHELINE MAYNARD >>>> How the first bankruptcy for a major automaker since Studebaker in 1933 is >>>> likely to play out.ROOM FOR DEBATEDoes the U.S. Need an Auto Industry? >>>> By THE EDITORS >>>> Many industries have moved to other countries. Robert Reich and others on >>>> whether the car industry is different.Fort Worth Closes Its Schools as >>>> Swine Flu Spreads in U.S. >>>> By LIZ ROBBINS >>>> As the number of confirmed cases in the U.S. rose to 109, Fort Worth >>>> became the nation’s first major city school district to close.No Racial >>>> Gap Seen in ’08 Vote Turnout >>>> By SAM ROBERTS >>>> The historic gap between blacks and whites in voter participation >>>> evaporated in last year’s presidential race, according to an analysis >>>> released today.•NYTimes.com HomepageBack to TopBUSINESSOPINIONSlide Show: >>>> Chrysler >>>> A visual history, from the 1924 Chrysler Six to the 1968 Plymouth Road >>>> Runner to the bankruptcy announcement today.A Turning Point for Voting >>>> Rights >>>> Has race discrimination in voting changed so sufficiently that we no >>>> longer need a central piece of the Voting Rights Act?BUSINESSABC Will Add >>>> Its Shows to the Video Site Hulu >>>> By BRIAN STELTER >>>> ABC announced it would join NBC and the News Corporation as a partner in >>>> the joint venture with Hulu, the popular video Web site.Stocks Give Up >>>> Early Gains >>>> By JACK HEALY >>>> Wall Street slouched toward neutral territory as investors weighed how >>>> Chrysler’s bankruptcy filing would ripple through the financial >>>> system.Consumer Spending Slipped in March >>>> By JACK HEALY >>>> The consumer spending and income growth data indicate that the economy is >>>> still struggling to emerge from the recession.Lower Oil Prices Trim >>>> Exxon’s Profit >>>> By JAD MOUAWAD >>>> Exxon’s first-quarter net income fell 58 percent to $4.55 billion as oil >>>> prices plummeted and the company increased spending as it tries to expand >>>> production.Senate Rejects Judicial Power to Lower Home Payments >>>> By REUTERS >>>> The Senate rejected an amendment that would have granted bankruptcy judges >>>> the power ease a homeowners’s monthly payments and save them from >>>> foreclosure.•More Business NewsBack to Top About This E-Mail >>>> You received these headlines because you are subscribed to Afternoon >>>> Update from NYTimes.com. As a member of the BBBOnline Privacy Program and >>>> the TRUSTe privacy program, we are committed to protecting your >>>> privacy.Manage My Subscriptions | Unsubscribe | Change Your E-Mail | >>>> PrivacyPolicy | How to Advertise >>>> Please include the following ID number when writing >>>> [email protected] that we can track any reports of problems: >>>> 56196617Copyright 2009|The New York Times Company|Privacy >>>> Policy|NYTimes.com 620 Eighth Avenue New York, NY 10018 >>>> > > > > --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
