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Re: Wally states "my contacts in the business", huh?..      7-Nov-09 01:55 am    
I guess I'm not the only one to think that the black liquor is a big boondoggle. A lot of companies in this industry would be bankrupt without it, and not due to the recession, though that may be the trigger. It's because of debt. Many were/are overlevered. Companies like CLW are fine and can weather the recession. Companies like VRS are not. Unfortunately for the american tax payer, much of the cash will likely be lost because these companies will end up chapter anyway, unless there are some rapid and dramatic changes in the industry.


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I do business with these "contacts" every single day. T...
gtols5 (1 Rating) 5-Nov-09 02:54 pm  
 
Lest you forget they could lose their black liquor...
medsaic Rate it 5-Nov-09 03:54 pm  
 
I doubt they will repeal it..they will extend...
gtols5 Rate it 6-Nov-09 12:48 pm  
 
Not likely, kraft pulp mills likely lose...
medsaic Rate it 6-Nov-09 03:11 pm  
 
Good post.
tucsonlight... Rate it 5-Nov-09 04:08 pm  
 
Re: Wally states "my contacts in the business", huh?....
bnblkn Not rated 7-Nov-09 01:55 am  
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Verso Paper Corp. (VRS)

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On Feb 9: 3.06 0.00 (0.00%)
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