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2025-08-26 13:19:15 UTC
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radix023 on Nostr: Obama voided bondholder's rights and gave preferencial treatment to the UAW. The GM ...

Obama voided bondholder's rights and gave preferencial treatment to the UAW. The GM debacle was very dirty.

It's like Delaware destroying their reputation for reliable corporate law (Musk) and New York making their legal system a pachinko machine (James/Trump)

I'm seeing the take that "it's ok, they're nonvoting shares". I find that terminally naive.