NW stock
Feb 24, 2007, 8:03 am
#16
Join Date: Feb 2005
Location: Astoria, NY: LGA, JFK
Programs: Delta PM; Sheraton's Vistana BOD; SPG Gold
Posts: 2,035
Feb 24, 2007, 9:15 am
#17
Join Date: Nov 2000
Location: Minnetonka, MN, USA
Programs: DL Diamond 2MM, AA ExPlt
Posts: 938
I am not sure what to make of the Morgan Stanely 13G -- It probably represents positions held by their prime brokerage customers (and they need leverage, so the shares are held in MS's name).
People here are correct. The trade claiments and the subordinated bond holders are not going to get their money back. The equity will be cancelled and worthless. Either sell or get the certificate.
People here are correct. The trade claiments and the subordinated bond holders are not going to get their money back. The equity will be cancelled and worthless. Either sell or get the certificate.