Shorts Hard at WorkInto the wee hours of the morning. Just becuase bondholders are pissed because bonds are trading at 35 cents on the dollar does not mean the company will file. The CMA has not levied a fine. This is allj ust speculation at this point and the shorts are having a field day on this. $90M is the absolute maximum fine possible and there has been no statement by the CMA that it is levying a fine let alone the maximum possible fine.