Today's Chrysler Court Docs: Non-TARPies Revealed
Published: May 6th, 2009
Share
Toxicroach: “Only thing today was the identities of the [nine] non-TARP bondholders, and I’m a few hours behind the curve on that ( download pdf here). As far as I can tell, [non-TARPies attorney] Uzzi thus far hasn’t filed any exhibits to prove Chrysler is worth more than the $2 billion. Uzzi still has a chance to object, so it might be coming up soon. And not a moment too soon.”
More by Robert Farago
Comments
Join the conversation
"Uzzi far hasn’t filed any exhibits to prove Chrysler is worth more than the $2 billion." Good luck with that!
If only they had failed 10 years ago, I could have gotten them $10B by simply putting out a confusing press release about plans to expand the company using the internet. Oh well, timing is everything.
"As far as I can tell [non-TARPies attorney] Uzzi far hasn’t filed any exhibits to prove Chrysler is worth more than the $2 billion." I should think that the burden of proof would lie with the proponent. How can anyone reach a value opinion without due diligence, which the opponents attorneys and experts have not been in position to perform. Isn't that reason to hold full hearings, after discovery?