1st - You do not need to own anywhere near 50% of stock to "own" a company. It doesn't work that way.
2nd - The administration is overseeing the bankruptcy, reorganization and sell off. They have bullied the bondholders to accepting much worse conditions than a traditional bankruptcy and when all is said and done the Treasury will still hold a 10% interest.
If you sue the company, you are suing the owners. Right now that includes the feds.
>Feds own over 50% of Chrysler stocks? Since when?
>
>>Feds took over Chrysler.
>>
>>Update : I should expand. As the federal government is currently an owner in Chrysler, suing the company involves suing the federal government. To which I repeat...Good luck!
Wine is sunlight, held together by water - Galileo Galilei
Un jour sans vin est comme un jour sans soleil - Louis Pasteur
Water separates the people of the world; wine unites them - anonymous
Wine is the most civilized thing in the world - Ernest Hemingway
Wine makes daily living easier, less hurried, with fewer tensions and more tolerance - Benjamin Franklin
