Every latecomer is rich, at the expense of those truly injured?
Yes.. It's how reorganizations work out many times.
It's lucrative to understand how chapter 11 reorganization works. Use this new found knowledge, it's a great way to play the process, and make HUGE gains.
DISCLAIMER: ALL MY POSTS ARE MY OWN PERSONAL OPINIONS AND NOT RECOMMENDATIONS TO BUY, SELL OR HOLD SECURITIES. DO YOUR OWN RESEARCH/DD AND MAKE YOUR OWN TRADING DECISIONS.
People kill for money. What makes you think they will not lie to you for yours?