[Buckeye McFrog]

If I were one of those creditors, and was offered the choice of ten cents on the dollar now, or certain collapse in the future, I know what I’d do.

[Beernoser]

“If I were one of those creditors, and was offered the choice of ten cents on the dollar now, or certain collapse in the future, I know what I’d do”

I’d sell the bonds today for full value.