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Re: ArtieB post# 1643

Wednesday, 03/14/2012 8:17:58 AM

Wednesday, March 14, 2012 8:17:58 AM

Post# of 1867
This article would of been more valid if it came out just before they filed for Chapter 11 restructuring prior to Feb 2010. They have since been making money and eliminated 6B in debt due to the restructuring from Chapter 11. They are currently about 2.3B, I believe, in debt now and have just got most of their lenders to ease their interest rates saving them apprx. 400m or so. Last 3 quarters have been great for them and they hired 1100 new employees. Why this article was released now is beyond me.