AbitibiBowater, Inc. (fka ABWTQ)

[SilentMinority]

Do you hear that?

It’s the sound of a storm brewing.

It is said that as our economy’s liquidity washed away with distress in 2008, the jagged rocks of rogue business activities became visibly apparent. In the sphere of bankruptcy, this is everyday occurrence and the bigger the issue, the bigger the enticement to use brute force over reason and logic. I suspect that within our case, the Debtors have been very comfortable in their position for some time. Smugly so.

It’s hard to imagine that you may have the upper hand when confronted by a bully, particularly when that bully has you at gunpoint. But then there is the soft sound of rain drops ...

… and it’s revealed that the bully’s “gun,” is a painted bar of soap.

It’s time to reveal the Debtors for who they are and their flimsy plan for what it is. Look forward to next week. It’s going to be a good one. : )