InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register account icon
S&P 500
5,505.00
(
-0.71%
)
US TECH 100
19,000.00
(
-0.94%
)
Dow Jones
40,287.53
(
-0.93%
)
Brent Oil
81.88
(
0.00%
)
Bitcoin
66,776.68
(
-0.59%
)
Post# of 4849
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

etzetrade

Send PM Follow Ignore
Followers 9
Posts 1656
Boards Moderated 0
Alias Born 03/23/2010

etzetrade

Re: erevno post# 4168

Saturday, 09/11/2010 5:11:30 PM

Saturday, September 11, 2010 5:11:30 PM

Post# of 4849
Look the case of Cit. Cit was A>L. Both commons and prefs. were wiped out directly and indirectly respectfully. We are in BK11 court of neorganization, not in BK7 liquidation.

By the way, US government also lost 2.2B TARP money in Cit case. Cit gave US government 2.2B in pref stocks. Unfortunately, US government got nothing.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up