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Re: drsandcrs post# 1408

Thursday, 05/13/2010 8:38:14 AM

Thursday, May 13, 2010 8:38:14 AM

Post# of 3162
Key word is "settlement".

Management and the secured creditors are doing a great job working together to help each other. As I pointed out previously, lenders would prefer to lower interest rates and change payment terms rather than provide a principal reduction.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49047770&txt2find=101

The cleaner the "right side" of the balance sheet, the more enticing it will be for a third-party proponent.

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