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To: Lu_Xun who wrote (21185)1/16/2001 5:36:44 PM
From: SBD  Respond to of 29987
 
BS was/is supposed to speak at the utterberg conf on jan 20 or 22 ,he is the leadoff speaker fwiw if he hasnt blown em off yet



To: Lu_Xun who wrote (21185)1/16/2001 5:56:22 PM
From: KyrosL  Respond to of 29987
 
The preferred could not have continued to get something, while the bonds get nothing. Bonds are senior to preferred. And there is no provision to substitute equity for cash to pay bond interest. Alienating the preferred holders is the least of the problems. It's the bondholders that can force BK, not the preferred holders.


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