Articles in Bailout
After the Defendants made a footnoted accusation that the Plaintiffs in a Chrysler Bankruptcy case are so-called “birthers” (an accusation that is completely immaterial to the point of this case), one of the attorneys for …
Sunday, January 24, 2010 Update:
Attorney Leo Donofrio has posted this story on his site as well as a trackback to this posting…
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In what is a blogosphere exclusive, attorney Leo Donofrio, in conjunction with attorney Stephen …
On Monday, January 4, Attorneys Stephen Pidgeon and Leo Donofrio requested that the bankruptcy Court in the Southern District of New York admit them pro hac vice; this request has been granted:
Steve Pidgeon and I …
Monday, January 4, 2010 Update:
Attorney Leo Donofrio posted an update with a FoxBusiness.com video (going to the video’s link brings up a rather rough transcript where Messrs. Donofrio and Pidgeon are specifically referenced).
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Following up on …
Wednesday, December 9, 2009 update:
The Post & Email reported yesterday that the Supreme Court has scheduled a Conference this Friday for Indiana Police Pension Trust v. Chrysler (docket):
The action, whereby the U.S. Treasury, without authorization …
The Thomas More Law Center had originally filed suit in December of 2008 challenging the constitutionality of a portion of the “Emergency Economic Stabilization Act of 2008” (EESA) that appropriated $40 billion in taxpayer money to …
As allegations that the White House singularly threatened certain Chrysler creditors into taking a less than their current contractual deal regarding their investments in the company, HotAir.com has been reporting that certain non-TARP creditors are …
Via FoundingBloggers.com:
[via Instapundit] If what Tom Lauria says in the clip at this link is true, our government is officially a banana republic.
“One of my clients was directly threatened by the White House….that the full force of the …
As I originally opined here, I was for the Troubled Asset Relief Program (TARP) — specifically, TARP “1″ — because it stipulated that this money is actually a loan, garnering a 5% dividend per year for …
The blogger at EstelPowell has an interesting viewpoint that could play a part in how Congress is able to deal with taxing bonuses for the sake of punishment:
What [Congress fails] to realize, is penalizing a …
Congresswoman Foxx takes Democrats to task over AIG
John Boehner on AIG
Chris Dodd throws himself, lefty defenders under the bus on bonus clause in Porkulus
Embedded video from CNN Video
Video: Shep Smith goes nuclear on Barney Frank, …
From the AtlantaJournalConstitution:
WASHINGTON — U.S. Sen. Johnny Isakson of Georgia wants to launch a full-scale congressional investigation into the near-collapse of the banking system that has roiled financial markets worldwide.
Isakson, a Republican, and Sen. Kent …
From Reuters:
WASHINGTON (Reuters) – The incoming Obama administration is considering setting up a government-run bank to acquire bad assets clogging the financial system, a person familiar with the Obama team’s thinking said on Saturday.
The U.S. …
CNN reports (via redstate.com):
Bush said Friday the federal government would provide loans almost immediately to General Motors Corp. and Chrysler to prevent “an unacceptably painful blow” should the Detroit giants fail.
Bush said in normal economic …
The Independent provides us with a great example of what has historically come to be known as “Ponzi schemes:”
Mr [Bernard] Madoff confessed last week that his business was “all one great big lie”. The investment returns were …
Via theobamafile.com, the International Herald Tribune reports that Barack Obama is supporting using government (read: our) monies to prop up failing companies, but doesn’t want to call this “nationalism:”
When President-elect Barack Obama talked on Sunday about …
This had been reported on the Sean Hannity show over the past two days; former Speaker Newt Gingrich has formally endorsed this concept. Fox News recently had an interview with the Congressman.
Texas Congressman Louie Gohmert …
If you were to pay attention only to the mainstream media (and as a reader of this blog, clearly you do not; good for you!), you would be propagandized into thinking that either capitalism has …









