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Re: strikehold post# 2617

Friday, 11/06/2009 11:23:43 AM

Friday, November 06, 2009 11:23:43 AM

Post# of 3475
Because it has got cash short, or cash flow problem temporarily, and it couldn't sell its assets fast to get cash, which takes long time.

On the other hands, those bondholders were happy to see its bk because they could get its assets.

jmho.