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Re: FORTY-8 post# 22195

Thursday, 05/19/2016 11:28:22 PM

Thursday, May 19, 2016 11:28:22 PM

Post# of 36208
SUNEQ - Creditors might just piss off the Judge.They remind me of the Subprime mortgage crisis , money was laid out to home buyers by the billions when banks knew the poor folks couldnt possibly afford to pay back and didnt have proper credit credentials.. Then the foreclosure boom hit and banks fell to sh*t and its still here haunting us in 2016.. These creditors basically put themselves in this position.They saw the greed and were part of it on their end.. They had to know Sunedison was poorly managed but yet they still "loaned" them the money. To put them into this position. It was VSLR deal that made us all aware of the monetary negligence on both sides and the in$ane numbers involved.( nobody knows true numbers as we have not seen any quarterly for quite some time ) I say they get the loan. Of course liquidation will be a part of it to pay down debt, ( No Fire Sale ) plus "business as usual" hopefully will be enough to get the monkey's off the a**holes backs. Maybe move Sunedison into the positive , eventually.( LONG LONG TIME )
This will only happen if and when the current management is shown the door and the criminal court room and the prison. Way too early for Equity Comittee to be considered by court.Not even in the picture at this point. This is a mess, one of a kind and will take a long time to sort out. GL

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