How to pronounce “bondholder” in English

David Wessel: Yes, they should. Right? But, that's one of the things that's kind of frustrating about this. They were sophisticated people.There were people who had lent them that money. And those people were kind of upset when it looked like the money wouldn't get paid back. So if you were a bondholder of Washington

"government motors" was born. A lot of pain in all this. Bankruptcy is an ugly thing, folks. A lot of pain in all this. Dealers lost their franchises, workers lost theirjobs, managers lost their jobs at executives, shareholders got wiped out, bondholders took big haircuts and of course, taxpayers paid dearly. Now some of the sacrifices might soundsort of comical, but I mean, Chrysler retiring Vice Presidents used to get two free lease cars every year for life. That's gone, OK? UAW members used to get free Viagra as part