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Old 01-29-2007, 07:31 PM
Sniper Sniper is offline
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Join Date: Jun 2005
Location: Finance Forum
Posts: 12,364
Default Re: Would you sell your claim for $.75 on the dollar , promptly paid ?

[ QUOTE ]
In reorganization matters, unsecured creditors often prefer to get SOME cash now, rather than wait.

I am NOT saying Neteller is not going to pay or is going to file for a formal reorganization. I am interestd however in how THIS market prices and allocates risk for US payments.

Wht is an appropriate discount for Neteller unsecured claims, 25 % ?

[/ QUOTE ]

Milton, the issue is not whether Neteller ultimately has the money... they do...