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palindromy

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palindromy

Re: doofus_king post# 12474

Thursday, 07/03/2008 11:08:16 AM

Thursday, July 03, 2008 11:08:16 AM

Post# of 19309
The cost of bankruptcy of a public company is not insignificant. At this market cap, it is cheaper to cramdown and dilute shareholders rather than go through court proceedings and having significant attrition.
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