Good Post...we appreciate it.

So they are issuing 10% notes.....Hmmmm
Does anyone really think they can clear ten percent in the OTR sector? I don't see it. In intermodal, yes but not in a pure affilliate mode as the capital(% take by QC) needed for affilliate to GROW as we come out of this recession will be going to the company.

I see flexibility but not much. If inflation roars back in then those notes might look better. It was a sucky deal that had to get done somehow.