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  • flipper_58 flipper_58 Sep 14, 2003 7:41 PM Flag

    Bonds

    "while I haven't been able to get a definitive answer on whether preferred dividends accrue while the Co is in Chapt 11"

    It should be indicated when management files it's reorganization plan in a few weeks. What I don't know is whether not accruing during BK implys "impairment", I would assume yes but I don't know since the contract is void at this point.

 
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