Now, evidence mounts that we are right about the Obama Crimelords and slow others are beginning to dare follow us as we track the evidence.
The Rise Of The Obama Crimelords featured extensive excerpts from Simon Johnson’s review of the financial oligarchy, The Quiet Coup (which article was later quoted approvingly by many genuine progressives such as Paul Krugman).
The Rise Of The Obama Crimelords, Part II included various video clips from The Godfather and quoted Stuart Varney’s article which detailed Obama’s attempt to keep Mafia-like control of companies by making repayment of government loans at least difficult. We also included more information on Obama as the Third Bush Term.
The latest evidence we are right about the Obama Crimelords comes from Big Media ABCNews.
A leading bankruptcy attorney representing hedge funds and money managers told ABC News Saturday that Steve Rattner, the leader of the Obama administration’s Auto Industry Task Force, threatened one of the firms, an investment bank, that if it continued to oppose the administration’s Chrysler bankruptcy plan, the White House would use the White House press corps to destroy its reputation.
Hillary Clinton and Bill Clinton are lessons in how the Obama Crimelords and the PINO Big Blogs destroy reputations.
Obama’s crimelord flacks perfunctorily denied the Chicago Capone threats. But as is the case with many great crime stories – there is a credible, courageous, witness willing to talk:
Thomas Lauria, Global Practice Head of the Financial Restructuring and Insolvency Group at White & Case, told ABC News that Rattner suggested to an official of the boutique investment bank Perella Weinberg Partners that officials of the Obama White House would embarrass the firm for opposing the Obama administration plan, which President Obama announced Thursday, and which requires creditors to accept roughly 29 cents on the dollar for an estimated $6.8 billion owed by Chrysler.[snip]
Perella Weinberg Partners, Lauria said, “was directly threatened by the White House and in essence compelled to withdraw its opposition to the deal under the threat that the full force of the White House press corps would destroy its reputation if it continued to fight. That’s how hard it is to stand on this side of the fence.”
Is Lauria making stuff up? True, White and Case is a very prestigious law firm and understands reputation is an important business credential. True, Thomas Lauria would be very wary of making unsubstantiated allegations. Is there any evidence, that anything Lauria is saying is true? Have there been attempts (not including the reputation destroying election campaign tactics employed by Obama in every single one of his election campaigns) to destroy the reputation of Lauria’s clients? Have any of Lauria’s clients been forced to withdraw?:
Perella Weinberg Partners, which owned Chrysler debt through its Xerion Fund, was one of Lauria’s clients in this bankruptcy, but no longer is. Before the Thursday deadline, Joseph Perella and Peter Weinberg tried to join the larger creditors — JP Morgan Chase, Citigroup, Morgan Stanley, and Goldman Sachs — who are owed roughly 70% of Chrysler’s debt and had already agreed to participate with the administration’s plan.
All four financial institutions are recipients of up to $100 billion in federal government bailout funds, though the Obama administration insists the matters were kept completely separate.[snip]
Lauria said his clients “are mainly fiduciaries for pension plans, college endowments, retirement plans and credit unions who invested in low yield supposedly very secure first lien debt” with Chrysler.
President Obama singled out Lauria’s clients for criticism when he announced the Chrysler plan on Thursday.[snip]
Lauria said the president’s assertion that his clients weren’t willing to make any sacrifice is false. The clients were willing to take 50 cents on the dollar from Chrysler for their debt, he said. [snip]
“He stands my clients up as basically the reason Chrysler is going into bankruptcy,” Lauria said. “He wrongly says they’re not willing to make any sacrifice. And then he says he does not stand with us.”
Lauria said the president saying he doesn’t stand with his clients “kind of sounds like ‘You’re fair game.’ In whatever sense. People are scared. They have gotten death treats. Some have been told people are going to come to their houses. God forbid if some nut did something, I’m just wondering how the president would feel.”
Hopium addled addicts will trash Lauria. They will suspect, as do we, Lauria is taking to heart Big Pink admonitions about the thug Obama Crimelords. You see, Lauria in the past has donated to Hillary Clinton and is a political independent.
The Miami area-based attorney describes himself as an independent, and says after waiting in line for six hours last November he ended up not voting in the presidential election. He donated $10,000 to the Democratic Senatorial Campaign Committee in 2008 and $1,000 to then-Sen. Hillary Clinton, D-NY, in 2006.
Laurie Anderson began her song Let X Equal X with the declaration “Oh Boy, right again” and stated that “x” should equal “x” – a clever way of saying ‘let truth be told’.
We’ll have some more of our “x equal x” admonitions, and the latest developments, tomorrow.