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Thursday, September 23, 2010 11:07:02 AM
"This case is unusual because it does seem that there is equity for the shareholders""
For those of us that were here from the start....yes there most certainly was equity for the shareholders when they filed ch11...there was shareholder equity to the tune of almost 1/2 a billion dollars.....just that, through the process the thieves have got most of that....the ch11 process was moving along in a swift and normal process until the U.S Govt stepped in and wanted the biggest share without any previous stake...I think they are still the biggest roadblock in the case.....but they sure helped some folks get rich (lawyers and accts) on the backs of shareholders....as I see it....
Paid
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