The surrender monkeys had been removed from Chrysler.
Fiat bought the intellectual property and physical assets of the company, and not any of it’s corporate contracts with unions or upper management.
They were all booted out of the plane without their golden parachutes.
The federal judge that handled the bankruptcy told Obama’s minions to stay the fuck out of it or he would claw those federal dollars out of the union pension funds, and give that cash to the secured creditors.
Cynical much, Doug? What do have against Archer Daniels Midland and other corporate family farmers?
Comment by Freddie Sykes — February 4, 2013 @ 10:01 am
You have been paying attention, Grasshopper.
Yeah, I deleted a snark that made that point. Piling on.
Glad you picked up on that.
Glad to hear it. I must confess to not payin’ attention to Chrysler, lately.
They are dead to me (since I traded-in my 20-yo Dakota a couple’a years ago).
And, in case anyone doubts, the ad did choke me up.
That’s one reason why the hypocrisy tore at my gut so much.
Comment by DougM (Progophobe) — February 4, 2013 @ 10:08 am
Yeah, Kris(4). The management got dumped, but they were basically the rubes who got turned out so the unions could get their $, and union bosses could get their beaks wet, so all is in order. Too bad the bankruptcy judge got whomped in the first place. (And if “whomped” isn’t in Black’s Law, it should be.)