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Should creditors and others be paid according to the usual preferences, or otherwise? Why? What effect would such departures from the normal rules have on future investments?
Has the Obama administration exercised undue influence in this case? Or do the government loans extended to these companies give the government "a seat at the table" in negotiations?
Has the Obama administration exercised undue influence in this case? Or do the government loans extended to these companies give the government "a seat at the table" in negotiations?