Friday, January 28, 2011 10:17:26 AM
This is a huge plie of stuff thats all blowing up at the same time. Their notes are in default or at least a bunch of them are, maybe all.
They did a poor job of negotiating when they had some wiggle room, now its going to be a blood bath.
I would be surprised if the creditors did not demand that management be fired or leave and leave their equity behind.
Even let the Disintegrator go if you have to to rid yourself of Roth, cheap at the price if that happens
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