RE: RE: RE: dear bondholders "If you are unsure of this then go to your bank and ask them this question about your home mortgage. Ask them if there are any other options other than paying your debts to them or losing your equity?"
While you're at it ask them if they can just take your house away even when you're making your mortgage payments (this isn't Minority Report it's the real world). If all bondholders believe that they are due everything without compromise then what is the point of forming a group of all the mtn holders from all the different due dates. Why should a debt not due until 2026 be paid in 2012? How does that make any sense? Yes they formed together to show the strength in numbers, but a compromise would have to be made if you're proposing that the 2026 mtn holders and the 2013 mtn holders and all in between must be paid 100% without compromise in 2012.