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insighter

02/20/14 12:47 PM

#945 RE: Cicero1 #944

Exactly! The US trustee voted no for a reason surely. The plan was hardly fair to mom and pop shareholders and other creditors. Not by the book. They did a bogus auction, withdrew their winning bid, and got the company lock stock and barrel? Explain the legalityand ethics of this? I smell a big fat rat!

fung_derf

02/20/14 5:57 PM

#947 RE: Cicero1 #944

They may leave it on the books until you're ready to take the tax loss.