Global Brokerage Inc. (GLBR)

[Crusen]

Here are some shots of the relevant portions in this post.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110207000


They leave no way out of the terms, except through sale or transfer of control of the company. At either of those events, Leucadia gets it's equity. Plus interest and fees.

Leucadia gets a rich deal for this rescue. FXCM gets to stay in business for now. Bankruptcy is avoided.