Thursday, April 14, 2016

EXXI and BTU Finally Bankrupt

4 comments:

Anonymous said...

The waiting is the hardest part
Every day you see one more card
You take it on faith, you take it to the heart
The waiting is the hardest part

whydibuy said...

I hope the wait was worth it. You make it sound like it was some kind of accomplishment for you to see the bk happen.
What a strange morbid fetish you display about failed companies.
News flash for ya. Companies grow and fade all the time. So Montgomery Ward stores, Worldcom, Enron and Countrywide are gone. So what?? We are all still here and the economy is growing just fine without them. Weird.

Anonymous said...

wdydibuy - news flash for ya...you can make money on these situations.

whydibuy said...

Anon...
Explain.
If you mean speculating on buying subordinate debt, good luck. Some of the most sophisticated funds play that game and still get creamed when the bk goes different than they expected. Talk about wild eyed speculation.