I bet when all is said and done it's CS that owns Burnstone - that's what makes sense - they wind up with the whole Burnstone shebang for just the debt they extended....and they have that side agreement on Hollister that has been referenced on multiple occassions, but which we've not seen. CS is the smart money - don't they they won't come out of this with the least amount of pain.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.