“If I wanted to be more cynical, I’d say they are purposely misleading people to milk them of their investment money. A pump and dump coordinated between the USG and the media. An optimism conspiracy.”
Lets see…
The bond holders for Chrysler who held secured debt received something like 28% of the value of the company.
The union which had NO secured debt received WAY more then that.
The current administration essentially brokered the entire deal.
I think I would err on the side of being cynical.
Why be a bond holder at all if your government cares more about unions who procurred votes for them, then anything else?
