News Focus
News Focus
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Zilla

05/01/10 10:36 AM

#194115 RE: peewee #194112

Great read and it's about time. eom
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alexander77

05/01/10 10:49 AM

#194118 RE: peewee #194112

"Economic conditions often necessitate quick sales, but protecting creditors’ and investors’ rights must also be on the mind of regulators, she said."

I like that part
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MoneyMakesMoney

05/01/10 12:22 PM

#194126 RE: peewee #194112

That is definitely in favor of us, awesome. eom
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Bizreader

05/01/10 12:46 PM

#194131 RE: peewee #194112

Sheila Bair has stated several times on TV that investors are supposed to take the biggest hit when a bank goes down. However, the SEC doesn't fully agree according to this artilce! http://blogs.wsj.com/bankruptcy/2010/04/30/sec-attorney-scrutiny-of-chapter-11-cases-increasing/

How about the ownership and management taking the biggest hit and the shareholders on even ground with solid proofs of claim?

eom

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jimmyturbine

05/01/10 2:08 PM

#194144 RE: peewee #194112

You mean the SEC has lawyers? And if so, will they do some work, maybe get to some real truth? Gosh, I do say that would be a wonderful maybe delightful! Just splendid news and I will emancipate with a feeling opulence.

Thank you for the great news!

imo
jimmy