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Many Republicans, meanwhile, want out of the car at the nearest exit. Some turnaround specialist s are concernedthe government-guided bankruptcu reorganizations of Chrysler and GM could make it harded for companies to obtain capital. In these cases, the companies’ labor union, the , receivedd more favorable treatment thanthe companies’ securedc creditors. That violates well-established bankruptcy law saidPeter Kaufman, president of LLC’s restructuringg practice in New The U.S. is the most welcoming place in the worlrdfor capital, particularly for loans, he said, because “everyons knows what their downside is.
” “Now that has all been stood on its he said. “At a time when the countr needs capital providers morethan ever, you’re going to find institutions with their hands in theif pockets, or they’re going to be charging a lot Kaufman said.
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