Another entry in the continuing saga of state Treasurer Richard Mourdock's quest to get his name in the newspaper take down the federal government. As it turns out, the Supreme Court really, really doesn't buy what Mourdock is selling.
The Supreme Court has declined to take another look at Chrysler's bankruptcy.
The justices on Monday turned down an appeal from the state of Indiana pension funds that earlier challenged the automaker's bankruptcy proceedings. The bulk of Chrysler LLC's assets were sold to Italy's Fiat.
The court previously rejected the pension funds' effort to block the sale.
In the latest appeal, the funds argued that the arrangement worked out with Fiat, and approved by federal courts, violated federal bankruptcy law. The pension funds said they were not trying to reverse the bankruptcy sale, but instead wanted to recover money for themselves and other Chrysler creditors.
No word yet on the amount resources burned in this latest taxpayer-funded crusade.
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