Enron - Natural Gas Industry Message Board

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Gold/Mining/Energy : Enron - Natural Gas Industry

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To: molemania who wrote (1080)	12/4/2001 11:33:32 AM
From: SecularBull	Read Replies (1) of 1433

The creditors do not usually get 100% of their investment back. Secured creditors, like Enron's banks, would get most of theirs' back, but unsecured creditors have no guarantees. Therefore, they would be willing to discount what they're owed in hopes of receiving something. ~SB~

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