Word: avoider
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...from the UAW each election cycle, giving a sweeter deal to the union than was offered them. Task-force members counter that other unsecured claims have received even better deals than the union's. Warranties, for example, have been 100% guaranteed - no haircut at all. "We're trying to avoid liquidation, and so these claims have to be classified according to their importance to the future viability of the company," a task-force official explained. "Obviously you can't sell cars without warranties. You can't make cars without suppliers. So most of those claims are being paid...
...resist but were overwhelmed by the megabanks that held most of the secured debt. Having taken billions in bank bailout money, they were in no position to irritate the Treasury Department. GM's debt is more widely dispersed, however, which makes it harder to muscle a settlement. To avoid a morass in court, the task force agreed at the 11th hour to fully repay GM's secured lenders, using stock in the reorganized company...
President Barack Obama knows how to avoid a fight - and still do what he thinks is right. The media and conservative activists might be spoiling for a Supreme Court nomination battle, but the choice of Circuit Court Judge Sonia Sotomayor to fill a high court vacancy is a classic Obama decision that makes the chances of political smooth sailing a near lock. Obama was clearly inspired by his selection, but he just as obviously kept an eye on the politics of his pick...
...unless Administration background checkers failed to find what they needed to know about Sotomayor's history, those spoiling for a battle are not going to get one. Most Republicans will squelch their first instinct to go to the mattresses and instead follow the President's pathway: avoid a fight...
...year-old Anna, who is darting around and playing in the sand. "At my daughter's kindergarten, there's one teacher to 10 kids. And when one teacher falls sick or can't make it, parents have to jump in," she says. (See nine kid foods to avoid...