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fuller11

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fuller11

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Sunday, 08/08/2010 10:08:35 PM

Sunday, August 08, 2010 10:08:35 PM

Post# of 67237
Saw this post over at Yahoo

"How do you turn a 59 million dollar profit into a 49 million dollar loss. By deducting all contractual post-petition interest expense (108 million) in the second quarter. To do it correctly they should restate every quarter since the filing of bankruptcy to refect the interest charges. I wonder what the SEC and IRS will say about Chemtura's creative accounting?"
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