SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (36965)3/14/2010 11:31:03 AM
From: Madharry  Respond to of 78752
 
OT I thought you guys might find the following thought provoking and interesting: This pertains to the Visteon's bankruptcy filing which I didnt really follow and the author's comments that banruptcy proposals are structured to provide the biggest benefit to management as opposed to any other specific class of security holders. In this particular case. management which prior to the bankruptcy held less than 1% of the equity will now end up with 10% of the equity in the new company, while existing shareholders get wiped out.

distressed-debt-investing.com