The Latest On Chryslergate

The escalation of the "interpretation" of Section 363 in the bankruptcy code, especially with regard to the Chrysler bankruptcy, is starting to attain epic proportions, and the latest observation comes from Finem Respice, who has put together a necessarily erudite post, which may be needed, especially since the other side of the argument lately has resolved to using somewhat more mundane and rhetoric-based arguments in defending their positions.