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mattchew

01/11/11 3:00 PM

#30616 RE: gophilipgo #30607

And the addition of 5 billion to the estate via NOL?

Debtors will not
emerge from bankruptcy before December 31, 2010, the Debtors
could potentially have the full use of their approximately $5
billion
in NOLs


Yes, that is a dollar sign next to the 5



How about when the Judge said this?
(committee’s expert opined that fact that the senior creditors
and management were taking stock in the reorganized company is a
“strong indicator that the company is being undervalued”).


Maybe "partially crap" would have been a better choice of words?

Fair enough. I should have said, "mostly crap."