I have a close family member who is a C.P.A. PhD and I wanted to check with her. I saved all the news articles, the lawsuit from the minority stockholders, everything I had. She also wants to see my last 401K statement. She has not had time to go over everything yet but she called me early this morning to give me her first thoughts on the subject. She said the same thing as you about the depression. She was not real happy with the bailout (in her opinion it was almost like telling a company go ahead, get as big as you like, make bad management decisions and the country will bail you out and tax the people), but she said if we didn't do it we would be in a depression today. Lehman filed 2 kinds of bankruptcy if I am recalling that correctly, they can continue to operate and have protection from the their creditors, on the other hand they can demand payment in full in a short amount of time from those they have financed (Cbay Holdings). Those who owe Lehman money and can't make the deadline means we may be sold again. Like the bank/credit union foreclosing your house or taking your car if you can't pay it off by the first of the month. This allows the lending institution liquid cash flow they very much need. This was just basic stuff she was telling me, off the top of her head from what I told her verbally. She will check into if further and let me know more. She did my 401K for me (told me what to pick, etc.), at that time we talked about
MQ Stock and I told her I wanted to buy the least amount possible (as they buy it for you whether you want it or not). She said the same thing as you also with the stocks. I will let you know when I find out more. I do recall reading in one of those news articles about the bankruptcy they were going to liquidate some of their holdings.
I really do not know a great deal about the world of corporate finance you have much more knowledge in that than I do, but my own sense tells me this company is huge, and worth a lot of money I don't see them dissolving us into nothing, I think if Cbay Holdings would sell us off. Perhaps worst case would be to divide us in sections and sell us that way,
MT division, technical division, research and development division, just a thought.
I found a bit more - Dinosaur
