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: Credit SlipsA final thought on the Chrysler sale
By Stephen Lubben
A recent exchange with a commenter on the blog lead me to this conclusion: doesn't the argument that the consideration going to the Unions should have instead gone into the estate, for the benefit of the secured lenders, amount to little more than an argument that the buyer of the Chrysler assets (backed by the government) should have overpaid for the assets?
Full post as published by Credit Slips on June 13, 2009 (boomark / email).
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