Political Wire
-
Authors
Rebecca Schoenkopf (424)
Kirsten Boyd Johnson (927)
Sulagna Misra (4)
Kris E. Benson (11)
Liz Colville (170)
John Schoenkopf (7)
Jim Newell (5640)
Josh Fruhlinger (646)
Erik Jay (27)
Blair Burke (181)
Rebecca Schoenkopf (424)Kirsten Boyd Johnson (927)Sulagna Misra (4)Kris E. Benson (11)Liz Colville (170)John Schoenkopf (7)Jim Newell (5640)Josh Fruhlinger (646)Erik Jay (27)Blair Burke (181)
Hedge Funds That Bankrupted Chrysler Are Terrified Of Internet Commenters
by Jim Newell 2:39 pm May 6, 2009
Many blame last week’s Chrysler bankruptcy on the fact that Chrysler is a shit company. They are wrong! It was really a group of hedge funds, holding large swaths of Chrysler debt, that rejected the administration’s settlement offer of a 33 cents-on-the-dollar payout and thus threw the company into its current quickie “nooner” of a [...]