Thugs.

May 8, 2009

Update on the Obama Administration’s threats to Chrysler debt-holders.

Wasn’t Obama supposed to be so charming and brilliant and enchanting that he could bring people together and end all bickering?  Instead, he has goons out threatening fund managers – who have ethical and legal obligations to their investors – to take a much smaller return on their (investors’) money.

h/t – Glenn Reynolds

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