http://blogs.law.harvard.edu/philg/2008/12/06/detroit-give-us-money-to-avoid-bankruptcy-so-that-we-can-go-bankrupt/ A posting every day; an interesting idea every three months... Fri, 27 Nov 2009 13:53:43 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://blogs.law.harvard.edu/philg/2008/12/06/detroit-give-us-money-to-avoid-bankruptcy-so-that-we-can-go-bankrupt/comment-page-1/#comment-94828 Artem Tue, 09 Dec 2008 00:05:51 +0000 http://blogs.law.harvard.edu/philg/?p=1149#comment-94828 Actually there is one difference between bailout and Chapter 11: namely, whether automakers' creditors will be paid or not. So the question boils down to this: who are these creditors and why are they so important? Actually there is one difference between bailout and Chapter 11: namely, whether automakers’ creditors will be paid or not. So the question boils down to this: who are these creditors and why are they so important?

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