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Post# of 749756
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JohnnyWinter

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JohnnyWinter

Re: Desperado90 post# 121721

Sunday, 11/22/2009 3:24:38 AM

Sunday, November 22, 2009 3:24:38 AM

Post# of 749756
Oh, they'll get some refunds, but not near enough to keep commons in the money, and after WMI loses all of the NOLs that were generated by WMB, forget about it.



The viable plan will benefit creditors and not shareholders, and that is the beauty of bankruptcy from a company's perspective.

Start fresh with new paper and a clean slate.




Numbers don't lie, people do.

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