Biz, U.S.: Obama holds no love for Chrysler-bankrupting hedge funds
- A group of investment firms and hedge funds decided to hold out for the prospect of an unjustified taxpayer-funded bailout.
- Barack Obama • In comments about today’s epic Chrysler chapter 11 bankruptcy filing. Further sticking the knife into the hedge funds and investors, who dispute Obama’s claims, “They were hoping that everybody else would make sacrifices and they would have to make none.” • source