Ponzi-Scheme Expert To Oversee Detroit Bankruptcy | Zero Hedge: "He'll rule all right... until the 2013 equivalent of 2009's Steven Rattner has a screaming fit at the Judge, and delivers the proverbial tap on the shoulder from Obama, advising him Superpriority is only to be followed in non-special situations, and that despite what he may know about conventional waterfall schedules, the rights of retirees and labor always trump those of creditors in the New Normal Pro Forma Chapter 9.1, adjusted for the "Obama provision" of satisyfing voting constituents first and foremost."
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