Also, in the parallel case of Government Motors, a decent profiling of Judge Robert Gerber.
Chrysler Supreme Court Stay Application
Traders Blog | Sunday 7 June 2009
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The Indiana Pensioners’ Supreme Court Stay Appeal presented below. Oddly, on page 6 the Indiana Pension Funds have for the first time noted that their first lien holdings are $100 million, whereas in all prior disclosures they noted it was $42 million. Does this number include the Oppenheimer face holdings? Otherwise it seems like a rookie clerical error that will not help their case. Alternatively, Indiana Pensioners have been purchasing Chrysler first lien debt in the open market.
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