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Re: None

Saturday, 10/15/2011 12:33:20 AM

Saturday, October 15, 2011 12:33:20 AM

Post# of 730592
These sizable holdings allowed the funds, either alone or in coalitions with other funds, to assume a prominent role in the
management of the bankrptcy, working closely with the Debtors' professionals to resolve major litigation on behalf of the Debtor and draft a plan of reorganization. At the same time, at least four of these funds - the Settlement Note Holders - continued trading
the Debtors' securities. Because their role in the Debtors' affairs gave the SNH access to non-public information bearing on the ultimate recovery anticipated by the
Estates, this trading activity constituted unlawful insider trading, or, at the very least,
n inequitable abuse of the hedge funds' position in the management of the bankruptcy.

Perhaps EC thinks or knows more than these 4 Hedge funds were involved in Insider trading.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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