I Hope that They Are Lying

the Chrysler creditors, the ones who pushed the automaker into Chapter 11, are claiming that the White House threatened the reputations of the firms involved in order to get them to accede to their demands

In an interview with a Detroit radio host, Frank Beckmann, Mr. Lauria said that Perella Weinberg “was directly threatened by the White House and in essence compelled to withdraw its opposition to the deal under threat that the full force of the White House press corps would destroy its reputation if it continued to fight.”

I hope that the WH was threatening to destroy the reputations of the firms involved.

Shame is a legitimate tactic to coerce cooperation, though the idea that Obama would use the, "full force of the White House press corps," is absurd on its face.

Now to start playing hardball with Goldman Sachs.