Comment

President Apologizes for Air Force One Overflight

244
Dr. Shalit4/28/2009 9:46:24 am PDT

re: #188 Rednek

What’s good for GM is good for America!

Rednek -

The Idea of Debt for Equity swap equating to partial Union and Government ownership does not bother me in theory. VW was run that way for years. What DOES bother me are the PERCENTAGES - they bear No Relationship to the actual claims were they to be presented to a Bankruptcy Court. That is troubling to say the least.

-S-