Mice Roar at Fiat Deal

Will the little guy in this deal vs. the Obama administration prevail? Hoosiers file suit. Forbes:

"The public is watching and needs to see that, particularly, when the system is under stress, the rule of law will be honored and an independent judiciary will properly scrutinize the actions of the massively powerful executive branch," lawyers for the funds, which hold about $42 million of Chrysler's $6.9 billion in secured loans, wrote in their filing.

The legal request from the Indiana State Police Pension Fund, the Indiana Teacher's Retirement Fund and the state's Major Moves Construction Fund goes before Justice Ruth Bader Ginsburg.

More on the consequences of the new Obama Bailout State.