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Judge Denies Anonymity for Dissident Chrysler Lenders

The bankruptcy judge overseeing the Chrysler case denied a request by a lenders' group to keep their identities secret after they opposed the government's plan to sell the automaker, The Post's Tomoeh Murakami Tse reports.

Attorneys for the dissident lenders' group had asked Judge Arthur Gonzalez to make their identities known only to the court, citing concerns about safety.

The lenders' group, which is owed a portion of the $6.9 billion in senior secured loans, was publicly criticized by President Obama last Thursday.

Obama said the hedge funds and other investment firms that refused to accept the government's offer of 33 cents on the dollar for their loans were "speculators" who were awaiting a "taxpayer-funded bailout."

The lawyer for the dissidents' group, which revealed in a filing today that they hold $300 million of the $6.9 billion in senior loans, had told Gonzalez on Monday that some of his clients had received death threats.

In filings with the court this afternoon, the group offered as proof anonymous comments posted on The Washington Post's Web site that villified hedge fund managers.

-- Frank Ahrens
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By Frank Ahrens  |  May 5, 2009; 5:39 PM ET
Categories:  The Ticker  | Tags: Chrysler, bankruptcy  
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