This was prepared by Wilkie Farr & Gallagher, you know, the bankruptcy firm hired by Ampex while McKibben and Strickland were saying they didn't see any liquidity problems. I need to give it a second read, but I think we're Impaired Class 6, equity holders, and we've been deemed to reject the CPR plan. So, no future money. Can anyone correct me on that?
Oh, and I found this gem. The Ampex Master Trust is now worth $188 million. In 2002 when Bramson gave it to Hillside Capital to manage and to stay away from "risky investments like Index Funds", it held $138 million. Well, if the Ampex Master Trust stayed in Index Funds, like it had been doing, it would be worth a lot more, say: $238 million and no pension funding problems.
additional note:
I pulled that estimate from Vanguard:
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