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Re: Argus63 post# 16488

Wednesday, 06/29/2011 2:06:14 PM

Wednesday, June 29, 2011 2:06:14 PM

Post# of 17499
Check my posts, we've been here since 08', but still am very "green" to what we are considered as far as what kind of debt if any? Do we fall under any of these........."Under the agreement "in principle," senior bondholders would get 21.1 cents on the dollar, with derivates claims getting between 27.9 cents and 32 cents. Unsecured claims would receive 19.9 cents. Bondholders would have gotten 25.4 cents under Paulson's rival plan, and just 16 cents under the Goldman Sachs-Morgan Stanley proposal, which would pay counterparties up to 40 cents on the dollar", TIA, Curtis. PS, sure thought all the PR today, even though months away, would have sparked a rally of some kind :(

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