| reply to markopoleo
Re: The outcome is not uncertain.. said by markopoleo:Customers won't be effected in any way. That's most likely true but not certain. It's still possible that the bankruptcy court will allow creditors to sieze Charter's assets and sell them off. It's up to Charter's execs to create a bankruptcy plan that it's creditors and the court will go along with. Early indications were that no one was real happy with what Charter first proposed.
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It's a trick. Get an axe. - Ash |
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Reviews:
 ·Charter
| said by footballdude:said by markopoleo:Customers won't be effected in any way. That's most likely true but not certain. It's still possible that the bankruptcy court will allow creditors to sieze Charter's assets and sell them off. It's up to Charter's execs to create a bankruptcy plan that it's creditors and the court will go along with. Early indications were that no one was real happy with what Charter first proposed. Well like it said, it is certain. Creditors loose both ways, they would rather have Charter in business paying something back than nothing at all. They can't sell assets, when they can't make money back from its sell fast enough. Its not like some cable company has the money to just buy up all that infrastructure laying around. 
Charter went into debt to acquire it to begin with. No one else is going to put a cork in that hull. |
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