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I think the Union put a lot of stock in Obama protecting them. I think this is a clear statement that he expects them to be in line with the rest of the industry in order to provide addtional funds. The bond holders were clearly holding out. If bankruptcy they would then depend on the courts and that is a poor position to be in. He is basically pushing them to get an agreement done as was expected under the Bush administration, by March 31.
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"Speed, it seems to me, provides the one genuinely modern pleasure." - Aldous Huxley
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