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mrfence

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mrfence

Re: Arbinvestor post# 2411

Monday, 11/04/2013 6:22:40 PM

Monday, November 04, 2013 6:22:40 PM

Post# of 2533
Common shareholders are last in line, and the liquidation is to take place over five years so 2018 would be the soonest payday for commons IMO. The only way there could be a disbursement to commons sooner would be if the bad investments head north quickly leaving a windfall over the agreed settlement amounts. If that happens then there would be disbursements over the remaining life of the liquidation schedule. IMO, if they take their sweet time liquidating, then there is a better chance for a healthy recovery for shareholders.

Check the latest on the Corzine trial drama... http://online.wsj.com/article/BT-CO-20131104-708603.html

MF Global ghost news: http://www.reuters.com/article/2013/10/30/us-usa-markets-mfglobal-idUSBRE99T1G520131030?feedType=RSS

http://www.bloomberg.com/news/2013-10-30/cftc-to-adopt-client-funds-rule-after-mf-global-peregrine-cases.html

Sail Bay

Come on in... The Waters Fine! :)

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