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Re: WithCatz post# 356886

Thursday, 01/12/2012 12:31:44 AM

Thursday, January 12, 2012 12:31:44 AM

Post# of 749756

I think you guys are missing the boat here. This Apr isn’t about preferred vs. commons. It might have some effect but not as much as some posters have been campaigning. I think and the judge touched upon it today is it’s about class 18. They are being crammed down for the benefit of equity (preferred and common.) If Apr is followed class 18 is made whole then we get almost nothing. But according to Rosen today he thinks he has enough votes to pass.
Imo

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