Yellow | Yrcw trust funds

To oneofus and all.. The personal bond issues or debt to equity swaps of the past MOU have nothing to do with it. It is a requirement that the banks are trying to make all the trust funds release the 35 mil. in real estate they jointly control . This a transaction separate from the MOU, but contingent on its passing.

Hopefully this sinks in to people. This is more than just the dollars involved, to me it looks like they are rearranging the deck chairs to their advantage in the event of a liquidation, don't do them any favors. They're bankers, they'll take your gold fillings if they get the chance, and they'll laugh all the way to the country club.
 
The company and the banks have withdrawn their demands of a total release of the 35 mil. in real estate from the 26 trust funds. An all funds confr . call is to take place 1/22/14 at 12:00 eastern to discuss the new changes they want to the Contribution Deferral Agreement. Indications are the changes could be acceptable........
 
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