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Gold/Mining/Energy : Enron - Natural Gas Industry -- Ignore unavailable to you. Want to Upgrade?

To: buffaloha who wrote (1241)12/26/2001 3:28:49 PM
From: jjs_ynot  Respond to of 1433
 
The banks may save some of Enron to get as much as they can for the debt that they hold.

However, don't kid yourself about equity holders. In over 97% of Ch. 11 reorganizations, shareholders get nothing. And of the remaining 3%, only in the case of pre-packaged bankruptcies, a la COVD, do the shareholders get anything of substance after the huge dilution that must occur.


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