Federal Mogul was a auto parts manufacturer who entered Chapter 11 bankruptcy.
6/15/03 Buy unsecured debt at 16.
3/01/04 Buy unsecured debt at 26.
7/15/04 Buy unsecured debt at 30
Return up to 300%. Holding period 18 months.
Distressed debt investors had returns up to 300 % if they followed the research on Federal Mogul as it excited from chapter 11 bankruptcy.
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