Replies to post #5186 on Dime Bancorp Inc (fka DIMEQ)

[wall_street61]

Um, it might be an impediment if the EC backs out assuming that $1.9 billion in assets (attributable to the $5.4 billion in now restricted and otherwise unrestricted NOL's), goes out the window.

By the time the EC figures out the NOL's may go out the window, equity will have already voted for the plan, and there won't be any backing out, because it's to late at that point, hence the second death trap.

NOL's shouldn't hold up confirmation.