Chrysler’s secured creditors refused to take half of what they could get in bankruptcy, collapsing the Obama administration’s (and the UAW’s) ability to control the automaker’s fate. The administration is promising a Chapter 11 bankruptcy of a few weeks. Bad news: Those creditors might be able to break up the company to get their money.
TNL
Daily Reads
Thursday, April 30th, 2009 | Share
WSJ
Say Goodbye to Chrysler As We Knew It
- March 16, 2010 -
MORE LEDGER
ELSEWHERE ON TNL
DAILY READS
- Health Care: The Anti-Jobs Bill?
- Dodd’s Financial Rules Package Would Result in More Fed Muscle
- Credit Agency Warns U.S. and Others of Risk to Top Rating
- Wired Magazine, Conde Nast Scoop Breitbart, the ‘Bigs’ — HUD next O’Keefe Video Sting Target
- China Threatens Google
- JP Morgan & Citigroup Complicit in Death of Lehman
- Pelosi Goes Over Bill With Caucus, Plans Vote Next Week
- Obama Delays Asia Trip to Hammer Through Health Care Bill
- What Biden Told Netanyahu Behind Closed Doors
- Dems Consider Drastic Moves to Pass Health Bill
MARKETS & POLICY
- Krugman’s War on China
- Following the Money on the Deficit
- Lesson From Moody’s: Rewrite the Social Contract
- Justice and the Prosecution of Lehman Execs
- Coffee and Markets: Financial Regulation and Obamacare
- Healthcare Reform: the Arithmetic Doesn’t Work
- Watch for an upside surprise on Treasury notes today (Updated)
- Destroy the City to Save It
- How Much Credit Should We Have in the World?
- Bart Stupak and Russian Opera
The WHIP
- HCR Roundup: Slaughter Strategy Fallout
- How Obamacare Will Reshape the Workforce
- Endgame: Pelosi’s Health Care Gamble
- David Brooks Applies For a Job
- Obamacare’s Two Americas
- How Do You Whip Nonexistent Legislation?
- Cheney in Exile
- How Mitt Romney Blew It (Again)
- Another Democrat Goes Down: Massa to Retire
- Obama’s Four GOP Ideas Myth
HEGEMON
- Biden in Israel
- Love and Respect
- Putinjugend Website Publishes North Korean Anti-American Propaganda Paintings
- Three Reasonable Questions on Climate Change
- Fisking Foreign Policy’s Guide to Climate Skeptics
- Brennan gets it wrong at NYU
- Iran’s Big Punch – A Nuclear Test?
- The moral bankruptcy of Amnesty International
- The Scottish Islamist and British ‘racism’
- The Future Is Today: China Gets A Preview of Girl-lessness in Guangdong
CHEQUER BOARD
Follow us online
LINK NETWORK
- Atlantic Online
- Boston Globe
- Breitbart
- Chicago Tribune
- Daily Beast
- Drudge Report
- Foreign Policy
- Guardian UK
- Houston Chronicle
- Huffington Post
- Instapundit
- Los Angeles Times
- Memeorandum
- New York Times
- NTC News
- Pajamas Media
- Politico
- RCP Blog
- RealClearWorld
- Spectator UK
- Telegraph UK
- The Blotter
- The Hill
- The Long War Journal
- Times Online UK
- USA Today
- Wall Street Journal
- Washington Post
- Washington Times
- Yahoo News
- Ace of Spades
- Blogometer
- Commentary
- CQ Politics
- Ezra Klein
- Hotline On Call
- LA Times: Top of the Ticket
- Marc Ambinder
- Michael Barone
- Michelle Malkin
- New Criterion
- Political Punch
- Politics Daily
- Power Line
- RealClearPolitics
- Redstate
- Room for Debate
- The Brody File
- The Campaign Spot
- The Corner
- The Minority Report
- The National Interest
- The New Republic
- The Next Right
- The Note
- The Other McCain
- The Weekly Standard
- Time: Swampland
- Townhall
- Victor Davis Hanson
- Washington Examiner: Opinion
- WSJ: Capital Journal
- WSJ: Washington Wire
- Autoblog Green
- Biodiversity
- Cleantech
- Climate Audit
- Cornwall Alliance
- CrunchyCon
- Ducks Unlimited
- Earth2Tech
- Environment Report
- Evangelical Ecologist
- Field and Stream
- Green Christian Network
- Green Tech
- GreenDaily
- Heartland Institute
- Master Resource
- National Geographic Blogs
- Nature Blogs
- NJ: Energy & Environment
- Real Climate
- SA: Earth and Environment
- Steven F. Hayward
- Watts Up With That?
- Wired: Planet Earth
- World Climate Report
- WSJ: Environmental Capital
- Ace of Spades
- American Culture
- Arthur’s Hall
- Big Hollywood
- CityRag
- Cracked
- Culture 11
- Deadspin
- Fark
- Film Drunk
- Foggy Monocle
- Galley Slaves
- I Don’t Like You In That Way
- Kissing Suzy Kolber
- Lileks: The Bleat
- Moe Lane
- Protein Wisdom
- Slate
- The Deceiver
- The Real
- The Superficial
- TMZ
- TV Without Pity
- With Leather
- WWTDD