Saturday, May 09, 2009

Time to Call in the Trial Lawyers

Now that what many are calling gangster government has seemed to win by suppressing Chrysler’s senior debt holders. It is time to put the senior debt holder’s feet to the fire, by having their shareholder’s sue them for betrayal of the their fiduciary duty. Thus not only the banks shareholders but those of the non TARP bondholders who are publicly traded need to start a class action.

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