the local shares of rcom break by 20 % a quarter before the dollar bonds get the hint. local bankruptcy rules are a canard and international creditors filing in local courts is the dream of the local barrister. 35 cents on the dollar for rcom dollar bonds which should be 15 bid at best. then there is the coming attraction of promoter group priority in the related capital structures. tower sales failed. debt to equity failed. hit all the bids
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