Thursday, April 30, 2009

CHRYSLER BANKRUPTCY: WHO GETS BURNED...?

THE CHRYSLER BANKRUPTCY IS BEING TOUTED LIKE IT'S A BIRTHDAY PARTY... CAKE AND ICE CREAME FOR EVERYONE...! QUICK. PAINLESS. STRUCTURED...!

OK ...BUT WHO IS GOING TO GET BURNED BY THIS PROCESS...

SURELY SOMEONE IS GOING TO BE LEFT HOLDING THE BAG...

THIS IS NOT A WIN WIN WIN SITUATION...

WHO GETS BURNED...? RETIREES, TAXPAYERS, COMMON SHAREHOLDERS...?