Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
6,632.19
(
-0.61%
)
US TECH 100
23,737.60
(
-0.64%
)
Dow Jones
46,558.47
(
-0.26%
)
Brent Oil
101.56
(
0.32%
)
Bitcoin
74,173.83
(
1.87%
)
News Focus
News Focus
Post# of 387
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Enterprising Investor

Send PM Follow Ignore
Followers 245
Posts 12298
Boards Moderated 0
Alias Born 04/05/2009

Enterprising Investor

Member Level

Re: vpagano post# 244

Monday, 08/31/2015 11:09:52 AM

Monday, August 31, 2015 11:09:52 AM

Post# of 387
Bond trading activity has really slowed down.

I am confident large blocks have been in the hands of hedge funds for some time.

If the case against JPM et all produces more then enough cash to make the Senior Note holders whole (including post-petition interest), any waterfall would result in the Senior Subordinated Secured Note holders gaining control of the shell and the NOLs.

And that would be one truly amazing result!

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now