Default Notice, page-6

I believe I have said enough, the senior bonds were issued by FIIG and I could provide the ISIN if needed. However, I dont need to identify myself at your demand. Take my comments for what you want but I believe them to be accurate.

As a senior bondholder you have no reason to worry as you currently have about 40% subordination below you in the capital structure and hence would appear in little danger of incurring any losses. It is equity holders that will bare the brunt of this.

The banks are senior to the bondholders and hence is why their actions are the most important...bondholders in this case have little power and are really just standing by...that is why I mention the action of the banks...