Then to think about all companies that reorganize and end up continue business like nothing happens except they screwed over their lenders and the owners, board of directors and upper management that caused the mess goes clean and free and get to keep it all.
Sickening. And it does have nothing to do with Washington connections. It's part of the system and have crooked good lawyer and careful planning and preparations. Basically in my opinion it's premeditated (to borrow a legal term from another legal area) bankruptcy if you ask me and shouldn't be allowed. They should be punished not allowed to continue operation and keep everything. /Eje Sent via BlackBerry from T-Mobile -----Original Message----- From: rea...@muddyfrogwater.us Date: Sat, 14 Feb 2009 17:56:30 To: WISPA General List<wireless@wispa.org> Subject: Re: [WISPA] What does this mean to wisps? Unemployment and a default on a mortgage i was gaurantor of put me in Bankruptcy in 1997. I didn't get to keep nuttin. I lost my home everything I had in the bank and was seriously whacked for a long time. And I've battled crooked "collectors" who have tried to collect discharged debt ever since. The RE lenders were the worst thing about the whole deal. Basically, that was all I owed was on two homes and yet, it haunted me for more than 8 years before the last one stopped trying to collect on the real estate loans. Two of the three involved were guaranteed by HUD, yet, rather than file for that gaurantee, they abdicated all rights to the proceeds of the RE sale and then fraudulently attempted for years to collect from me or sell those loans elsewhere. I lost track of the number of "owners" of those notes over the years. I had no credit cards unpaid or car loans or anything. Each time I had to dig up my BK judgement and prove it wasn't legally owed and they'd sell it again. Often it was less than 2 months between being persued by a different 'agency' or "lender" or "owner". One guy managed to get someone to give him my work and my wife's work phones and then they started threatening all kinds of stuff. But, hey, look at the bright side. Someone might tell Trump.... YOU'RE FIRED! :) ++++++++++++++++++++++++++++++++ <insert witty tagline here> ----- Original Message ----- From: "Eje Gustafsson" <e...@wisp-router.com> To: "'WISPA General List'" <wireless@wispa.org> Sent: Saturday, February 14, 2009 3:28 PM Subject: Re: [WISPA] What does this mean to wisps? > Always hated that about the bankruptcy system. How a company can do so > many > stupid things then file chapter 11, get restructured and basically > continue > operations with all their equipment all in place but with no debt. > > If I wanted a fancy house, car and all cool gadget and got it on the > expense > of the business if I filed chapter 11 because of to high saleries and > spent > to much money on business building, and equipment rollout I would find > myself homeless, car less, customer less and no longer have a place to > conduct business and my cool hardware sold off. Then you have companies > like > Charter now and Cable & Wireless did 10 years back just as examples that > did > it and came out stronger then before and no debt and networks and > customers > in place and I bet not a single board member or upper management lost a > single thing of their personal affect. > > / Eje > > -----Original Message----- > From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On > Behalf Of Marlon K. Schafer > Sent: Saturday, February 14, 2009 5:18 PM > To: WISPA General List > Subject: Re: [WISPA] What does this mean to wisps? > > Yeah, and WE'RE expected to compete. No one bothers to point out that > they > do it be going broke!!!!!! > > aaarrrrgggghhhh > marlon > > ----- Original Message ----- > From: "Dennis Burgess" <dmburg...@linktechs.net> > To: "WISPA General List" <wireless@wispa.org> > Sent: Friday, February 13, 2009 8:17 AM > Subject: Re: [WISPA] What does this mean to wisps? > > >> They are starting to roll out 60meg down 5up. Only in "test markets" >> though. >> >> * ----------------------------------------------------------- >> Dennis Burgess, CCNA, A+, Mikrotik Certified Trainer >> WISPA Board Member - wispa.org <http://www.wispa.org/> >> Link Technologies, Inc -- Mikrotik & WISP Support Services >> WISPA Vendor Member* >> *Office*: 314-735-0270 *Website*: http://www.linktechs.net >> <http://www.linktechs.net/> >> */LIVE On-Line Mikrotik Training/* >> <http://www.linktechs.net/onlinetraining.asp> >> >> The information transmitted (including attachments) is covered by the >> Electronic Communications Privacy Act, 18 U.S.C. 2510-2521, is intended >> only for the person(s) or entity/entities to which >> it is addressed and may contain confidential and/or privileged material. >> Any review, retransmission, dissemination or other use of, or taking of >> any action in reliance upon, this information by persons or entities >> other > >> than the intended recipient(s) is prohibited, If you >> received this in error, please contact the sender and delete the material >> from any computer. >> >> >> >> >> >> Mike Hammett wrote: >>> Probably nothing, other than Charter may be more nimble in the future >>> without all of that burden. >>> >>> >>> ----- >>> Mike Hammett >>> Intelligent Computing Solutions >>> http://www.ics-il.com >>> >>> >>> >>> -------------------------------------------------- >>> From: "George Rogato" <wi...@oregonfast.net> >>> Sent: Friday, February 13, 2009 10:02 AM >>> To: "WISPA General List" <wireless@wispa.org> >>> Subject: [WISPA] What does this mean to wisps? >>> >>> >>>> Charter is set to file bankruptcy protection on or before April 1 as >>>> part of a financial restructuring to reduce its debt by $8bn. >>>> >>>> > http://www.ft.com/cms/s/0/245062c2-f93d-11dd-90c1-000077b07658.html?referrer > _id=yahoofinance&ft_ref=yahoo1&segid=03058&nclick_check=1 >>>> >>>> >>>> >>>> > ---------------------------------------------------------------------------- > ---- >>>> WISPA Wants You! Join today! >>>> http://signup.wispa.org/ >>>> > ---------------------------------------------------------------------------- > ---- >>>> >>>> WISPA Wireless List: wireless@wispa.org >>>> >>>> Subscribe/Unsubscribe: >>>> http://lists.wispa.org/mailman/listinfo/wireless >>>> >>>> Archives: http://lists.wispa.org/pipermail/wireless/ >>>> >>>> >>> >>> >>> > ---------------------------------------------------------------------------- > ---- >>> WISPA Wants You! Join today! >>> http://signup.wispa.org/ >>> > ---------------------------------------------------------------------------- > ---- >>> >>> WISPA Wireless List: wireless@wispa.org >>> >>> Subscribe/Unsubscribe: >>> http://lists.wispa.org/mailman/listinfo/wireless >>> >>> Archives: http://lists.wispa.org/pipermail/wireless/ >>> >> >> >> > ---------------------------------------------------------------------------- > ---- >> WISPA Wants You! 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