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rockraider3

07/05/13 10:51 PM

#1321 RE: oldhamtrader #1320

That's the Disclosure Statement. It's the step before they put out a Plan of Reorganization for Confirmation. This is where we see the rubber hit the road. I don't think the plan is confirmable.
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rockraider3

07/05/13 10:52 PM

#1322 RE: oldhamtrader #1320

Syncora starts playing hardball with Detroit over Casino Revenue, and Detroit apparently responds with a lawsuit. It's game on for the Pension Certificates.