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Relying on purported authority provided TARP, the Treasury Department is demanding that Chrysler's equity be stripped on the coverage of the Senior Lenders' liens – thereby hampering the rights of your Senior Lenders to realize upon those methods – so that those assets may be put in New Chrysler and used for the benefit of uncemented creditors in distinct proceeding, who should then be paid much more than the Classification Lenders. most. . .
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