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New If they got more than going c7 why did they want to go c7?
instead of the deal offered?
New Rules and Obligations rather than...
cutting your losses and being done with it.

Think about it, no creditor *WANTS* to be stuck with a lame turkey... that will be slow pay for a long time.

Or don't you see it that way.

Plus it keeps *SOME* of the Muricans werkin'.
     we believe in change, change or we keel you - (boxley) - (30)
         Ok... - (folkert) - (2)
             If they got more than going c7 why did they want to go c7? - (boxley) - (1)
                 Rules and Obligations rather than... - (folkert)
         correction - (lincoln) - (1)
             Don't think your correction is needed - (beepster)
         doubly shocking, of course - (rcareaga) - (3)
             very good point, so buying secured notes is now a bad idea - (boxley) - (2)
                 Ah, "Zimbabwe" - (rcareaga) - (1)
                     you appear to suggest that hedge funds and bond holders - (boxley)
         Yawn. - (Another Scott) - (4)
             How utterly predictable. -NT - (beepster) - (3)
                 Wouldn't want to disappoint. -NT - (Another Scott) - (2)
                     ;-) -NT - (beepster) - (1)
                         ;-) -NT - (Another Scott)
         Right - (jay) - (14)
             WTF you mean bypass the law - (boxley) - (13)
                 The law is hardly ever simple. - (Another Scott) - (11)
                     you are looking at 11 I am refering to 7 -NT - (boxley) - (10)
                         Either way, the secured bondholders wouldn't get 65% - (Another Scott) - (9)
                             I thinmk you are confused slightly - (boxley) - (8)
                                 Maybe. Maybe not. - (Another Scott) - (7)
                                     thats gotta be an lrpd - (boxley) - (6)
                                         Recall that only a few bondholders were holdouts. - (Another Scott) - (5)
                                             whats left are the folks who did cave to the threats - (boxley) - (4)
                                                 Off-the-record paraphrases of their impressions. - (Another Scott) - (3)
                                                     sure, they just made it all up, bad repos -NT - (boxley) - (2)
                                                         It doesn't sound a little over the top to you? - (Another Scott) - (1)
                                                             and from an Obama supporter to boot - (boxley)
                 Legal manuvering - (jay)
         Jane at FDL has more... - (Another Scott)

I was all upset until I remembered I'm on Verizon and it doesn't fucking matter anyway.
92 ms