Obama

http://furyandfrost.com/?p=381
Many Republicans, meanwhile, want out of the car at the nearesgt exit. Some turnaround specialists are concernedthe government-guided bankruptcy reorganizationsd of Chrysler and GM could make it hardetr for companies to obtain capital. In thesse cases, the companies’ labor union, the , received more favorables treatment thanthe companies’ secured creditors. That violates well-establishedf bankruptcy law principles, said Peter Kaufman, presidengt of LLC’s restructuring practiced in New York. The U.S. is the most welcomingh place in the worldfor capital, particularly for loans, he because “everyone knows what their downside is.
” “Now that has all been stooe on its ear,” he said. “At a time when the countrgy needs capital providers morethan ever, you’rre going to find institutions with their hands in their pockets, or they’re goinyg to be charging a lot more,” Kaufman