Just as the Moon moved into Capricorn at 3:59 p.m. Eastern time today, where it’s close to a conjunction with Pluto and a trine with Venus and Mars in Taurus, investors got a bouquet from Supreme Court Justice Ruth Bader Ginsburg.
What’s interesting is that Justice Ginsburg only had until 4 p.m. to make her ruling.
I won’t bore you with all the details, but I’m not surprised that Ginsburg ruled to delay the sale of Chrysler to Fiat, a deal that put unsecred creditors ahead of secured creditors.
Justice Ginsburg obviously doesn’t take the sanctity of contracts lightly. Her ruling came in response to an appeal by Indiana teachers, police officers, and other civil servants. Let’s hear it for the Hoosiers!
This is not a final ruling, however. The ultimate decision on the deal can be made either by Ginsburg alone or the full court.