The Hyper-Inflation Bogeyman

Thanks. You did hit on what I was referring too. Primarily that he essentially ignored standard practice and law when giving preference to the Unions over the Investors who thought they were protected. Basically he threw Bankruptcy Law out the window, apparently with the blessings of whatever Judge(s) he manipulated.

I find that somewhat scary. The law is the law unless Obama says otherwise. Since nobody seemed to throw much of a fuss other than those who got ripped off, I'd guess that is the mindset of many.