AI
Monday, November 18, 2013 12:18:00 PM
IMO, it means that the case against Corzine, and other execs is getting stronger so they may be shook by their ankles for cash before this is over. Then their is the remote possibility that the directors of the corp. could have to pony up too.
It will be 5 years before liquidation is complete, and commons are last to receive any excess from liquidation. In the mean time, the assets that are being liquidated are appreciating so the longer the liquidation, the better chance for commons.
Short simple answer is yes, and the chance just got better
It will be 5 years before liquidation is complete, and commons are last to receive any excess from liquidation. In the mean time, the assets that are being liquidated are appreciating so the longer the liquidation, the better chance for commons.
Short simple answer is yes, and the chance just got better
Sail Bay
Come on in... The Waters Fine! :)
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