No, not the threats from the White House about siccing the White House press corps on them; there’s nothing anyone can do about those for the moment. They mean the threats they’ve been getting from America’s Obama cultists ever since The One waved his rhetorical pitchfork at them. The nutroots need an enemy, even in their moment of total victory, and right now the hedge funds fit the bill.
Represented by lawyer Gerard Uzzi of the firm White & Case, the group said its members may be subjected to threats and intimidation in part because of comments made by President Barack Obama, who chastised the opponents of an attempted deal to keep Chrysler out of bankruptcy.
“Never before has the president of the United States announced a chapter 11 filing in a national address,” the petition said.
“The president publicly chastised these secured creditors for having the temerity to enforce their constitutional rights in this court of law, branding them as ‘speculators,’ making clear that ‘I don’t stand with them.'”…
He asked the judge to keep the names under seal and argued that “denial of this relief will force several of these lenders to surrender their legal rights and agree to the government’s illegal plan.”
He added, “Those lenders that continue to seek to enforce their legal rights will be subjected to threats to their reputations and businesses, public attack, and threats to their safety publicly.”
As of late this afternoon, the motion’s been denied. And why not? Given the sort of hardball Obama’s playing, he would have just leaked the names to the press anyway. Remember, according to him, the only thing standing between big business and the angry mob is the sweet disposition of Hopenchange.
With news breaking right now that the AIG bonus pool was even bigger than thought, I wonder what sort of fish-on-the-doorstep he has planned for them to convince them to give back the money. Exit quotation from your must-read of the day: “I run an approximately twenty billion dollar money management firm that offers hedge funds as well as public mutual funds and unhedged traditional investments. My company is not involved in the Chrysler situation, but I am still aghast at the President’s comments (of course these are my own views not those of my company). Furthermore, for some reason I was not born with the common sense to keep it to myself, though my title should more accurately be called ‘Not Afraid Enough’ as I am indeed fearful writing this… It’s really a bad idea to speak out. Angering the President is a mistake and, my views will annoy half my clients. I hope my clients will understand that I’m entitled to my voice and to speak it loudly, just as they are in this great country.”