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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) |
masuki bance (1000+ posts) Send PM | Profile | Ignore | Mon Jun-08-09 03:56 PM Original message |
Ginsberg halts sale of Chrysler pending further order |
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SuperTrouper (1000+ posts) Send PM | Profile | Ignore | Mon Jun-08-09 04:04 PM Response to Original message |
1. I am not sure but perhaps Justice Ginsburg |
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DCBob (1000+ posts) Send PM | Profile | Ignore | Mon Jun-08-09 05:31 PM Response to Reply #1 |
5. Yes, I think she is taking this issue seriously and... |
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chicago legal pro (169 posts) Send PM | Profile | Ignore | Mon Jun-08-09 04:24 PM Response to Original message |
2. The pension funds want the delay because they are getting ripped off |
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LiberalFighter (1000+ posts) Send PM | Profile | Ignore | Mon Jun-08-09 05:11 PM Response to Reply #2 |
3. The pensioners are not being ripped off by the deal. |
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chicago legal pro (169 posts) Send PM | Profile | Ignore | Mon Jun-08-09 06:17 PM Response to Reply #3 |
7. Stock is not involved in this deal. |
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Abq_Sarah (1000+ posts) Send PM | Profile | Ignore | Mon Jun-08-09 07:13 PM Response to Reply #3 |
9. They bought bonds |
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Thrill (1000+ posts) Send PM | Profile | Ignore | Mon Jun-08-09 05:27 PM Response to Reply #2 |
4. No they aren't. If Chrysler is liquidated. They wouldn't get as much as they are getting now. |
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chicago legal pro (169 posts) Send PM | Profile | Ignore | Mon Jun-08-09 06:16 PM Response to Reply #4 |
6. Untrue. |
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Thrill (1000+ posts) Send PM | Profile | Ignore | Mon Jun-08-09 06:30 PM Response to Reply #6 |
8. Thats not why she put it on hold |
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chicago legal pro (169 posts) Send PM | Profile | Ignore | Mon Jun-08-09 09:53 PM Response to Reply #8 |
10. She gave no written opinion |
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grantcart (1000+ posts) Send PM | Profile | Ignore | Mon Jun-08-09 09:58 PM Response to Reply #6 |
11. I presume that they would have to repay the US loans first and there would be no |
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chicago legal pro (169 posts) Send PM | Profile | Ignore | Mon Jun-08-09 10:00 PM Response to Reply #11 |
12. I believe the financial analysts advising the pension plans |
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grantcart (1000+ posts) Send PM | Profile | Ignore | Mon Jun-08-09 10:19 PM Response to Reply #12 |
13. so are you saying that bond holders will get paid before the secured loans of the US Government? |
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chicago legal pro (169 posts) Send PM | Profile | Ignore | Mon Jun-08-09 11:30 PM Response to Reply #13 |
14. You know I didn't say that and anyone who reads the post does too. |
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grantcart (1000+ posts) Send PM | Profile | Ignore | Mon Jun-08-09 11:52 PM Response to Reply #14 |
15. Only 1% of the bondholders have signed on to the case before the court |
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Romulox (1000+ posts) Send PM | Profile | Ignore | Tue Jun-09-09 11:45 AM Response to Reply #13 |
19. The general rule for secured debt is "first to record" has priority. |
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grantcart (1000+ posts) Send PM | Profile | Ignore | Tue Jun-09-09 12:30 PM Response to Reply #19 |
20. the "first to record" would only apply to bonds of the same kind. |
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Romulox (1000+ posts) Send PM | Profile | Ignore | Tue Jun-09-09 12:38 PM Response to Reply #20 |
21. No, that's not right. |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Tue Jun-09-09 09:13 AM Response to Original message |
16. NPR reported this AM the suit is a political stunt by a right wing Republican pension fund manager |
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chicago legal pro (169 posts) Send PM | Profile | Ignore | Tue Jun-09-09 11:17 AM Response to Reply #16 |
17. So Justice Ginsberg is guilty of treason? |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Tue Jun-09-09 11:30 AM Response to Reply #17 |
18. Don't be silly |
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OldBlueDem (23 posts) Send PM | Profile | Ignore | Tue Jun-09-09 01:01 PM Response to Reply #18 |
22. Seems Routine to Me |
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Romulox (1000+ posts) Send PM | Profile | Ignore | Tue Jun-09-09 04:18 PM Response to Reply #22 |
25. Doesn't a court usually stay implementation of its own ruling pending appeal? |
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chicago legal pro (169 posts) Send PM | Profile | Ignore | Tue Jun-09-09 02:24 PM Response to Reply #18 |
23. Yes I do know what a stay is |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Tue Jun-09-09 02:32 PM Response to Reply #23 |
24. And how much will they lose if Chrysler is liquidated? |
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