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To: James Calladine who wrote (393)7/2/2001 2:48:24 PM
From: Ian@SI  Respond to of 449
 
The secured creditors (i.e. - the banks) get to eat first. Odds are they won't leave anything for others. Current equity holders get to offset future, past or current capital gains from other holdings.



To: James Calladine who wrote (393)7/2/2001 4:14:10 PM
From: hdl  Respond to of 449
 
the claim comes after other creditors in a bankruptcy


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