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Re: Founder77 post# 1992

Wednesday, 04/20/2011 3:25:42 AM

Wednesday, April 20, 2011 3:25:42 AM

Post# of 2842
Good Morning Founder > Interesting read here.


Q: What information is being provided that is allowing SEC and/or others to allow the shares to continue trading? Then maybe we could find out who is supplying that information and move on from there Needing to find out if Crossing is helping behind the scenes. Looking for another "confident nail".


> Possible "Clue"

Value of US bankruptcy claims traded jumped in Q1
http://www.reuters.com/article/2011/04/19/bankruptcy-claims-trading-idUSN1926372220110419

>Creditors .... can trade or sell their claims against bankrupt companies.
>The seller gets immediate cash,
>while the buyer, often a hedge fund investor, hopes to make a handsome return by betting on the timing and ultimate payout in the bankruptcy.

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