Replies to post #11596 on Corus Bankshares Inc. (fka CORSQ)

[irishintelligence]

http://google.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHTML1?ID=7261643&SessionID=RRKjHSCVNXcyrl7

This link will discuss, in detail, how NOLs were preserved while canceling common shares.


--My post previous to this stated that Six Flags retained $1.3 Billion of NOLs.

--The link above discusses $2.1 Billion of NOLs and an ownership change.


Therefore...Tricadia et al figured out how to save 62% of Six Flags NOLs...with an ownership change.


Tricadia's largest holding? Six Flags