I have no sympathy for CET. But something tells me they'll weasel their way into the filing being a tool of the wealthy instead of a huge embarrassment. This past year they've done nothing but slap their best players in the face. If you're diamond you get nearly the same benefits as seven stars. They should fire every executive and hire people who know something about gaming and customer service.
Sent from my HTC One on the Verizon Wireless 4G LTE network
----- Reply message -----
From: "dave@collector.org [vpFREE]" <vpFREE@yahoogroups.com>
To: <vpFREE@yahoogroups.com>
Subject: [vpFREE] Caesars Files Chapter 11 finally
Date: Thu, Jan 15, 2015 3:19 AM
Caesars Places Largest Unit Into Chapter 11 Bankruptcy http://www.wsj.com/articles/caesars-unit-files-for-chapter-11-bankruptcy-1421306807?mod=djemalertNEWS Caesars Entertainment placed its largest unit in Chapter 11 bankruptcy protection, though the company is still at odds with many of its creditors over a plan to restructure its business and cut its $18.4 billion debt load.
More than 80% of the company's senior bondholders are on board with the restructuring plan, but, as of late Wednesday, only a minority of Caesars top-ranking lenders had pledged their support. A group of junior bondholders owed billions also oppose the restructuring strategy.
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Posted by: "=?utf-8?B?dnRyb3kyMTZAeWFob28uY29t?=" <vtroy216@yahoo.com>
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