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Re: irishintelligence post# 11617

Monday, 05/16/2011 3:38:06 PM

Monday, May 16, 2011 3:38:06 PM

Post# of 15495
Probably is the re-registration of TOPrs. If equity that would be handled through the TA. I think Tricadia is trying to get as much debt as possible. That is why they are painting such a bleak future. Then bring on a D/ E swap and they suddenly have controlling interest in CBI. They merge and inherit all assets to include the NOLS. Mr. Big simply sells controlling interest to Tricadia and the the debt hold outs. Really it is a simple plan and brilliant. IMHO

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