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Re: jhdf51 post# 355535

Saturday, 01/07/2012 3:09:47 PM

Saturday, January 07, 2012 3:09:47 PM

Post# of 730013
jhdf, If you have Ps or Ks, you would want to vote NO to the plan...to tell the judge you do not consent to the split with Us. Then the split could be adjusted by the judge to 100% to preferred and 0% to common, or some other percentages. Isn't this correct jhdf51? There won't be a separate poll.. If preferreds vote NO as a class, then the judge knows they haven't consented. The preferreds will vote NO, but the plan is likely to be confirmed, IMO.

Of course, it's important to vote to give the releases.

It's reasonable, and expected, that the preferreds as a class will vote No. To do otherwise, is against their self-interest, IMO.

Yes I agree...and why I'm voting Yes with my P's. Greed as you say.


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