And Don't Forget Alinsky

clipped from justoneminute.typepad.com A month ago President Obama famously threatened a group of bankers, telling them that "My administration is the only thing between you and the pitchforks". Now Thomas Lauria, an attorney for the Chrysler creditor hold-outs, claims that Team Obama threatened the holdouts with public humiliation, which Obama went on to provide in his remarks announcing the Chrysler filing.  Of course, a White House flack implausibly denied everything. It's clearly a case of the left hand not knowing what the far left hand was doing. So where has bankruptcy law gone, and why are senior creditors getting less than junior creditors, sorry, "stakeholders"?   C'mon, Obama is in charge.  We don't need to know bankruptcy law, we need to know Alinsky's Rules.