Why does Barack Obama complain about bankers not lending, while wrestling Chrysler creditots to accept 32?
to accept 32 cent on a dollar at the same time?
He himself told us many times : bankers are greedy, above all the bankers love their money. Then why does he expect that bankers will voluntarily surrender their beloved money, once they got the proof that Obama administration will rob all secure creditors, as well as insecure creditors?
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Exactly. I was thinking the same thing when Obama blamed hedge fund investors for not investing in a crappy company like Chrysler. He should put his money where his mouth is an invest $1 million of his own into Chrysler.
Who here, if they had big bucks, would invest in a company that is propped up by the gov't?
Please!!! Someone give Obama a clue!
I have said this before, Where in the Constitution of the United States does it give him the power to do what he is doing.
He has no rights to tell anyone what they should accept.
did you really say insecure creditors? Daimler tried to revive Chrysler, Cerebus Capital management bought Chyrsler…what part of that don't you get, Chrysler was dead along time ago. Can anyone say the bought a Sebring over an Accord or Camry?