Saturday, May 02, 2009

"Nice Looking Children You Have...."

In a little while, this kinda crap will catch up with the Lightworker.

A leading bankruptcy attorney representing hedge funds and money managers told ABC News Saturday that Steve Rattner, the leader of the Obama administration's Auto Industry Task Force, threatened one of the firms, an investment bank, that if it continued to oppose the administration's Chrysler bankruptcy plan, the White House would use the White House press corps to destroy its reputation --Jake Tapper, ABC News

The firm which was on the receiving end of that love-note was Perella Weinberg. They folded and took the White House deal.

There's something else which is curious about Lightworker's remarks.

"In particular, a group of investment firms and hedge funds decided to hold out for the prospect of an unjustified taxpayer-funded bailout...."

"Taxpayer-funded bailout"? Umnnnhhh...the hedgies were looking for BK action and sale of the assets which would repay their first-lien bonds, not a "taxpayer bailout."

I'm sure that Perella Weinberg principals know the old saying that "revenge is a dish best served cold." It will be fun to see it served right into Obama's kisser.

HT: The Winning McCain

1 comment:

Reaganite Republican Resistance said...

Great post- thanks

The White House says there’s “no evidence”- note that Hitler was careful to only give verbal orders, too... and Obama's not new to this sort of thing.

It’s plenty clear what really happened- Obama KNOWS he owns the press corps… and even treats them with arrogant contempt, ie- hectoring reporters to “not waste their question”, telling them when they’ve “got enough pictures”, and even to “get back on the bus” in Chicago- ouch.
This out-of-control narcissist wouldn’t call on Fox News after the TEA parties, and skipped the NYT at his presser a couple days after their reporter asked Obama if he was a “socialist”. Since when is a refusal to answer legitimate questions and explain your actions to the American people acceptable in a US president?

Obama has no use for The Contstitution, law, religion, ethics, or anything else that gets in his way- The idea that he’d sick his MSM sycophants on some bank that isn’t willing to do as he says doesn’t surprise me one iota.

This guy thinks he's Tony Soprano now- he's completely out-of-control.