-By Dan Scott
Last week on WJR radio Frank Beckmann conducted an interview of Tom Lauria, a bankruptcy lawyer who represents some of the bondholders who loaned money Chrysler. During the course of that interview Mr. Lauria dropped a bombshell that implicated the Whitehouse in an extortion plot against a bondholder potentially involving almost a billion dollars amounting to fraud.
The threat that amounts to extortion:
“I can tell you for sure that I represent one less investor today than I represented yesterday. One of my clients was directly threatened by the White House, and in essence compelled to withdraw its opposition to the deal under threat that the full force of the White House press corps would destroy its reputation if it continued to fight. That’s how hard it is to stand on this side of the fence.”
Continue reading “
Chryslergate”