Seadrill Ltd (SDRL)

[MisterEC]

The bad news:

"current shareholders may end up with as little as 3 to 4 cents a share, while unsecured bondholders may see a direct recovery for unsecured claims of about 6 percent if they don't participate in new secured debt."

Seadrill - How John Fredriksen Might Get Saved By A Hedge Fund

The billionaire is saving NO young punk dogs. He will be rich, still. Young dogs, who know NOTHING, may learn as they go through life, or they may stay just like they are, young dumb and arrogant.