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Re: sullivot post# 45394

Thursday, 10/22/2009 10:14:17 PM

Thursday, October 22, 2009 10:14:17 PM

Post# of 67237
After reading Jax post below IMO it would be extremely unwise for anyone to be posting anything about their trades, how many shares, etc.


Posted by: jaxstraw Date: Thursday, October 22, 2009 9:25:03 PM
In reply to: None Post # of 45400

This is disgusting !!!

Open this link and look at what it is about..

http://www.google.com/url?sa=t&source=web&ct=res&cd=2&ved=0CA4QFjAB&url=http%3A%2F%2Fwww.kpmgcorporatefinance.com%2Fengine%2Frad%2Ffiles%2Flibrary%2FDistressed%2520Debt%2520%26%2520Turnaround%2520Investing%2520Summit.pdf&ei=VgPhSveoOOGutgfqk8H7Dw&usg=AFQjCNGJY08QqYAMZSspoRrhI20u6YG4pA&sig2=tgYGCxvWp-yu9KVP7N831A

It seems it is a paid conference where hedge funds and other investors can attend and obtain 'inside' information on how to profit from distressed companies and their situations.

Notice the list of industry experts on hand to give advice !

Kirkland & Ellis
KPMG
Lazard
Houlihan Lokey Howard & Zukin

All the big law firms 'representing' interests in the Chemtura case.

Our new friend that is now buying up large debt is on the list also - Longacre LLC.

How can these firms have Chemtura's best interest for recovery
as their main objective when they give paid lectures to distressed company hedge funds on how to profit from the situation ?

Unbelievable.

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