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Enterprising Investor

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Re: riach post# 365

Thursday, 04/07/2022 1:09:08 PM

Thursday, April 07, 2022 1:09:08 PM

Post# of 386
Common never had a chance.

The Senior Notes will not be made whole. Holders like me might get at least 33 cents on the dollar with the upside being how much GS actually paid.

Sr Subordinated Notes were $1.3 billion. Then there was about $214 million in Jr Subordinated Notes.

Preferred stockholders were next in line.

I expected a settlement, but nothing this low.

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

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