InvestorsHub Logo
Followers 76
Posts 9397
Boards Moderated 0
Alias Born 02/21/2008

Re: fixedops post# 1911

Thursday, 10/06/2011 2:47:18 PM

Thursday, October 06, 2011 2:47:18 PM

Post# of 3649


I haven't listened to the hearing yet but I think she is simply wrong - when the PIERS' creditors (not including HFs) have now lost over 50 % of their recovery.


Did she state in the hearing just what compromises should be made by the HFs to Equity Interest?

Just ordering mediation without any real directives borders on frivolousness in my opinion.


If Judge Peck was presiding this bankruptcy would be over.



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.