PERHAPS I AM VINDICTIVE...

and I just want to see the MOTU suffer whenever possible, but this reasoning seems OK to me.

U.S. Played Rough With Chrysler's Creditors
By NEIL KING JR. and JEFFREY MCCRACKEN
MAY 11, 2009
Wall Street Journal

Critics complain that the administration has violated a bedrock principle of American capitalism and unfairly demonized financial firms that are vital to the functioning of the economy and its eventual recovery.

Administration officials reply that the Chrysler crisis required bold action. While Chrysler's suppliers, dealers and unionized workers are critical to its survival -- and so is Fiat, which will contribute high-efficiency engines and foreign distribution -- the creditors were expendable.

"You don't need banks and bondholders to make cars," said one administration official.