ATPG Senior 11.875% 2nd Lien Bonds (fka ATPG.GE)

[56Chevy]

I hear ya stoxjock..I really do.. but it's hard for me to be critical of CS in a situation like this. I would have done the same thing had purchasing the BP claim been an option for our "team".

CS/OpCo bought the assets fair and square...it may not feel that way but they really did. The whole O&G world had a chance to pony up more money and they didn't..the value simply wasn't there. ATP was grossly over-leveraged to the point I think it fooled alot of people and this auction just proved it.

CS is just the agent for the actual buyers. What I wanna know is -who really are the buyers of these assets? They're calling it OpCo ...but who is that? ..and what are their plans?