Monday, 04 May 2009

Linkage

Further thuggery, or “inflammatory nonsense”?


FINEMrespice

Today, I have the distinctly unpleasant distinction of being on the receiving end of... a bit of dialogue so genuinely awful that- were it not from a source I consider impeccable, and unimpeachable- I would not dare to credit at all.  Unfortunately, I must do precisely this, and personally believe it to be totally, frightfully accurate.  I take no pleasure in relaying it, instead hoping that someone more directly in the business of running such matters down and printing them will carefully document it and- if true- expose it, or- if not- discredit it quickly and finally.  This (as yet unproven) yarn goes exactly like this:

Confronting the head of a non-TARP fund holding Chrysler debt and unwilling to release it for any sum less than that to which it was legally entitled without compelling cause, this country’s “Car Czar” [that would be Steven.Rattner? - o.g.] berated the manager of said fund with an outburst of prose substantially resembling this:
Who the fuck do you think you’re dealing with?  We’ll have the IRS audit your fund.  Every one of your employees.  Your investors.  Then we will have the Securities and Exchange Commission rip through your books looking for anything and everything and nothing we find to destroy you with.
As they say, don’t (automatically) believe everything you read on the web.
But then...

Follow Up: Less Than Desired Duplication
...unlike the supposed experience of Tom Lauria’s client, the tale of woe that has been passed to me does not have as its agent of malice the White House Press Corps, which, while certainly annoying, lacks a certain killer instinct and terror inducing reputation...

UPDATE 090507 23:27:
Earlier this week, we ran a number of stories about how Steve Rattner allegedly threatened hedge funds that refused to drop their opposition to the Obama administration's Chrysler plan.

We asked the White House to comment, and after three days it has become apparent that they have no plans to respond.  The White House has denied earlier charges that it threatened to use the White House press corps to ruin the reputation of a firm that was opposing its Chrysler plans.

By refusing to comment on our subsequent story about additional threats, the White House appears to be backing away from its earlier denial. - Business Insider
Soooo...?

Original link from Howard, update via Glenn.

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