SCOTUS allows Chrysler sale to Fiat: Rejects request to stop sale…

Update: CNBC

…The high court rejected a request from Indiana pension funds and other opponents of the sale to delay the deal while they challenge Chrysler’s sale to a group led by Fiat, a union-aligned trust and the U.S. and Canadian governments…

The Court did not have 4 Justices who felt the Indiana Pension funds had standing or claim to challenge the sale Phil LeBeau is reporting now..ergo the stay is lifted..Gee if only the Senior Secured Bondholders had COJONES and had filed, I am looking at you Perrella Weinberg….

…coming from Reuters via Larry Kudlow live on CNBC….

I know I play this one a lot, but it IS perfectly appropriate here….some say I always find AC/DC appropriate…well they are folks, they are…for every conceivable occasion or happening….

Courtesy of Longhorn2X

AC/DC, with the great Bon Scott, playing “Highway To Hell” live in Arnhem. 1979

June 9, 2009. Tags: , , , , , , , , , , , , . Finance, Music, Politics, Uncategorized, Wall St. 3 comments.

%d bloggers like this: