Rule of Law Staging a Comeback?

High Court Stymies Quick Sale of Chrysler - WSJ.com:

The U.S. Supreme Court threw the sale of Chrysler LLC to Fiat SpA into uncertainty while it decides whether to hear an appeal of the deal.

..."The U.S.-brokered sale of Chrysler, by forcing senior secured lenders to write down their loans to the auto maker, broke with longstanding tradition concerning rights in a bankruptcy: Senior secured lenders usually are paid in full before lower-priority creditors receive anything. This time, a United Auto Workers retiree health-care trust got a 55% equity stake and $4.5 billion note for its about $10.5 billion unsecured claim while Fiat stands to get an initial 20% stake."

I am probably too giddy to think clearly, but I don't see how a review by the Supreme Court could allow this pernicious deal to stand. And if they ruled on the legality of using TARP funds for an auto bailout, that would be too wonderful to imagine.