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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (169126)	12/4/2008 5:28:48 PM
From: re3	Read Replies (1) \| Respond to of 306849

might have been posted already but here is an example of a recent distribution cut: --- Change to Distributions The Board of Directors of Baytex has approved a distribution level of $0.18 per unit per month effective with the payment on January 15, 2009 in respect of December 2008 operations. This is a reduction of $0.07 per unit per month from the current level, and represents a return to the distribution in place at the beginning of 2008, before the dramatic increase in commodity prices. We believe that it is prudent to manage the level of distributions to maintain strong levels of corporate liquidity during the current financial turmoil and to better align distributions with the prevailing commodity price environment. link: biz.yahoo.com