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Search: Posts Made By: WHBM
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Forum: Rumours & News
29th Nov 2011, 20:16
Replies: 115
Views: 33,511
Posted By WHBM

American are indeed reported as having $4bn in...

American are indeed reported as having $4bn in cash, but they also have debts of $29bn listed. If those are due to be repaid tomorrow that would be a very good reason to go for Chapter 11 today.
Forum: Rumours & News
29th Nov 2011, 15:07
Replies: 115
Views: 33,511
Posted By WHBM

Few questions. Be grateful for answers. 1....

Few questions. Be grateful for answers.

1. What happens to the stockholders equity ? Is it all lost ? Had they already regarded their investments as gone ?

2. What happens to all the stock...
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