Originally Posted By: Matter-eater Man
 Originally Posted By: thedoctor
Yes, I know that that's Obama's talking point. As I already pointed out and your article as well:

....


So you say they were not holding out for more bailout money despite the fact that they indeed were. They didn't come to the table asking for bankruptcy but asked for more bailout money after refusing several offers Doctor.


They were looking for more money, yes. The government could have offered them a larger stake in the reformed company, but didn't. They felt they could make more money in bankruptcy. The hedge funds have a responsibility to their investors to make them the most money. These are the same investors you and whomod were crying over when Wall Street tanked after the first financial bailout was voted down because they lost money in their retirement accounts. But now that Obama and the Dems want to push through a certain plan, you don't give a fuck about them.


whomod said: I generally don't like it when people decide to play by the rules against people who don't play by the rules.
It tends to put you immediately at a disadvantage and IMO is a sign of true weakness.
This is true both in politics and on the internet."

Our Friendly Neighborhood Ray-man said: "no, the doctor's right. besides, he has seniority."