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CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT



TSX:FUT - Post by User

Comment by RE38on Jan 05, 2013 2:10pm
128 Views
Post# 20801750

RE: Update today

RE: Update today

They just stated that they can't/won't pay the rewards out that were earned prior to Oct 16. If they aren't paying out anything to the customers who have turned into unsecured creditors, what's the chance that shareholders see anything? I think everyone reading this already knows the answer. No matter what the solution is between these bidders, it's obvious that even the secured debtholders are only going to get pennies on the dollar back. 

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