SandRidge Energy, Inc. (fka SDOCQ)

[kingman]

There have been companies in recent years where the stockholders have not been ruined by bankruptcy protection. One that comes to mind is American Airlines . The original shareholders did not lose their ownership. The stock still exist to this day and after being in the cents after the bankruptcy announcement . is back at $35"While some unsecured creditors were impaired, most were made whole by receiving equity in the new company. Interestingly, the original shareholders made money as well. Clearly a violation of absolute priority occurred and our analysis shows that labor bore most of the concessions." REprint from CME extras report