They just wrote down most of XM value in the 3rd quarter. However, it is not that easy to write off the debt. Debt holders will come after the parent company. Remember in a BK, value holders...
SIRIUS XM SATELLITE RADIO FORUM
Type: Posts; User: Siriusowner
They just wrote down most of XM value in the 3rd quarter. However, it is not that easy to write off the debt. Debt holders will come after the parent company. Remember in a BK, value holders...
Investors get screwed. If you want a longer answer please let me know.