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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (13187)10/18/2008 3:55:52 PM
From: Elroy Jetson  Respond to of 71477
 
That's the usual drill. Shareholders get nothing.

Bond holders and others who are owed money by the corporation receive shares in the new company, which are initially worth far less than the face amount of the debt.

Oh, it's defaulting time again, you're gonna leave me
I can see that far away look in your eyes
I can tell by the way you hold me darling. Yeah now
That it won't be long before it's defaulting time
Now you say you've found someone that you love better (better)
That's the way it's happened every time before
And as sure as the sun comes up tomorrow ('morrow)
Defaulting time will start when you walk out the door
.