that they will resume distributions and pay the deferred intrest?
Any chance this December, make a wonderful Xmas gift ?
I would like to see it announced at the same time the earnings are released. I would hope they were working on a resoloution at present.
If I was an investment banker, I'd probably want to see Q4 results first. Tough to make a deal until you really know for sure how much additional capital is going to be required to resolve the consent order.
Probably after the following:
1. close on sale of home association business in CA
2. release of DTA
3. removal of operating restictions by regulatory agencies
1. 30 September 2014
Agree. Think they will also do a capital raise first as well.