America is much different that Europe. Here everyone, including you, is from someplace else. It has been that way since we stole it from the native Americans. If you don't like it just leave because we make sure you are free to do as you please while here.
Hey Chartboy - You have NO IDEA who owed the bonds going into the swap.
The news stories indicated that GS helped to facilitate trades as MM's. There was no mention of them or any other BD taking a prop position in YRCW. Also get your facts straight - the D/E swap was at $0.22698 p/s not 45 cents.
lier !!! read the news ...teamster ask goldman and ubs to do whateever it takes to buy this debt...everyone can google it....!!! read it moron...here is the link:
"I was recently on a dock talking to Holland drivers and they told me that it's been hard but they're glad to have these good jobs," Hoffa said. "But it hasn't been easy. Our members made tremendous sacrifices. And we took on the big banks -- Goldman Sachs, UBS and others -- and we saved 35,000 good Teamster jobs."