RE:Question for the crx bulls and bearsBinTraden wrote: What are the odds that the bond holders and management/directors get into bed together and come up with a restructuring deal that can satisfy both equity and bond holders to some degree and give the company a chance at surviving and trying make a go of things still. Wouldn't something like that be in everyone's interest and possible rather than just bailing on equity holders?
Please state what are the odds in a % and state why you give it that %
0% Equity is already turbofucccked ... it may bounce a bit but
bondholders have taken too much of a haircut for equity
holders to get anything. First lien noteholders are lawyering
up and they won't even be made whole, imo