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Re: jmbell42 post# 5083

Wednesday, 12/14/2011 3:05:00 PM

Wednesday, December 14, 2011 3:05:00 PM

Post# of 8307


In addition, Class 16 - PIERS - are only expected to receive 9 % - about $ 70 M - under the Seventh Amended Plan, and yet the lower ranked Equity Interest Classes are to receive $ 190 M.


This would violate the APR and is why I wonder if the $ 190 M in New Securities isn't a gift from the SNHs.









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