Entries from Pat Cleary.com tagged with 'bond holders'

More on the Government's Bailout of the UAW

Here's a good, if depressing, piece from Barron's about the government's bailout not of GM but of the UAW. The title says it all: "Big Wheels Keep on Rolling…Over Bondholders": "The politically powerful united Auto Workers emerged with an exceptionally...

This Doesn't Seem Fair....

The WaPo in its lead editorial today correctly (albeit gently) scolds the Obama Administration for a little uneven-handedness in dealing with the various Chrysler creditors during the Chapter 11 process. "President Obama may call them 'speculators,'" goes their sub-head, "but...

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