GREY:LSTMF - Post by User
Comment by
Oldfart74on Jan 23, 2017 2:22pm
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Post# 25742658
RE:RE:September 26 initial order
RE:RE:September 26 initial orderreefsandals4eva wrote:
There is no rolling the dice. Banks do not take risks. The unsecured would not have gambled their chance at getting paid for their share in the company, the idea of that happening is nonsense.
The unsecured note holders were not banks but hedge funds - Mudrick Capital and Front Four Capital. The banks got fully paid - the dispute was between the secured note holders and unsecured note holders.