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.
Posted by adams at 12:14 PM