News Focus
News Focus
Followers 7
Posts 568
Boards Moderated 0
Alias Born 06/07/2011

Re: oldhamtrader post# 1323

Monday, 07/08/2013 10:49:44 AM

Monday, July 08, 2013 10:49:44 AM

Post# of 11618
They aren't listed because they aren't a party to the PSA. I forget the language of the PSA offhand, but they would be included in the "non-consenting" monoline group. Syncora has challenged the PSA with a fairly strong objection, but the Judge punted saying that their objections were more in line with objecting to the Plan Confirmation. So we wait and see.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today