Replies to post #64231 on Chemtura Corp (fka CHMT)

[chickenvestor]

Something that I don't see brought up much is the billions in claims that have been dispatched. This definately adds a huge amount of value to the company be removing the uncertainty of future debt. Wally complains that any payment reduces value but shouldn't the settlement of the claims at a fraction of the amount they were filed at reduce uncertianty enough to increase value. We still don't have the insurance payments yet. I guess they will come in after they have exited CH11 to further pump the value of the new stock.

Can anyone direct me to a link that shows the outstanding claims remaining?

BTW - Madclown, thanks for your input. You always provide somethign worth reading.

[was justavoice]

Unfortunately, I am afraid that you are 100% correct.

[RoyDMercer]

Outstanding post.

[Fernace]

Eloquently said Sir. You should send that to the WSJ Op-Ed. No one can tell the story as well as you. Thanks Rodney.

[BBalls-N-CowTown]

All of it paid for by us of course, and instead of it being prosecuted as a crime, our income-tax funded bankruptcy court is a willing participant in this perversion of due process. Gerber seems to be more interested in moving this through than anything else. Havent there been some recent cases cases where fraud has been proven causing a superior court judge to order the bankruptcy process vacated? I vaguely recall reading an article about a ruling from Judge Sim Lake regarding a case like that.

[jackinhtown]

Thanks MC. Very thorough as always, and you put it much more eloquently than my brief drivel...