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Marc Ambinder

Marc Ambinder - Marc Ambinder is the White House correspondent for National Journal and a contributing editor at The Atlantic. More

Marc Ambinder is the White House correspondent for National Journal. He previously served as the politics editor, and is now a contributing editor, for The Atlantic, where he curated the influential Politics channel on TheAtlantic.com and contributed to the magazine. He was also a chief political consultant to CBS News. Earlier, at NJ's Hotline, Ambinder was the founding editor of "Hotline On Call," a pathbreaking political news blog. He also worked as a producer and reporter for the ABC News Political Unit and was one of the founders of ABC's "The Note." Born in New York City, raised in Central Florida, Ambinder is a 2001 graduate of Harvard and lives in Washington, D.C.

Chrysler Deal Stayed. What's That Mean?

By Marc Ambinder
Jun 8 2009, 4:40 PM ET Comment

From the Supreme Court:

Supreme Court of the United States
No. 08A1096
INDIANA STATE POLICE PENSION TRUST, ET AL.,
Applicants,
v.
CHRYSLER LLC, ET AL.
O R D E R
UPON CONSIDERATION of the application of counsel for the
applicants, and the responses filed thereto,
IT IS ORDERED that the orders of the Bankruptcy Court for the
Southern District of New York, case No. 09-50002, dated May 31 and June 1,
2009, are stayed pending further order of the undersigned or of the Court.
/s/ Ruth Bader Ginsburg
Associate Justice of the Supreme
Court of the United States
Dated this 8th
day of June 2009.

Did the Supreme Court just overturn the administration-brokered deal between Chrysler and Fiat?  No -- it just stayed a district court's order allowing it to proceed. Unclear whether the Court will decide to hear the case, or whether, after all the Justices have had a chance to read the briefings, it will unstay the stay and allow this to proceed.  Justice Ginsburg is probably being cautious here...she doesn't want to preemptively dismiss a case that might be constitutionally suspect -- and one that might set a precedent for future executive-legislative branch disputes. 



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