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jscot

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jscot

Re: Tina post# 1938

Wednesday, 03/04/2009 9:14:55 PM

Wednesday, March 04, 2009 9:14:55 PM

Post# of 6674
"There's no need to panic," Pachter told clients. "...Blockbuster will remain in compliance with all [debt] covenants, and ... there is no risk of default until 2011 at the earliest. We do not think bankruptcy is likely until then, if at all, and believe that banks will restructure the debt at that time."
http://ih.advfn.com/p.php?pid=nmona&cb=1236219204&article=36567820&symbol=NY%5EBBI


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