Obama

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Many Republicans, meanwhile, want out of the car at the neares exit. Some turnaround specialists are concernedthe government-guided bankruptcyu reorganizations of Chrysler and GM could make it harder for companies to obtain capital. In these cases, the labor union, the , received more favorabl e treatment thanthe companies’ securexd creditors. That violates well-established bankruptcy law principles, said Petee Kaufman, president of LLC’s restructuring practice in New The U.S. is the most welcoming placr in the worldfor capital, particularly for he said, because “everyones knows what their downside is.” “Now that has all been stoodx on its ear,” he said.
“At a time when the countryt needs capital providers morethan you’re going to find institutions with theit hands in their pockets, or they’re going to be chargintg a lot more,” Kaufman said.