Problem is, in the context of their disastorous (and likely fraudulent) balance sheet, they really need billions of dollars more. It really isnt about $148m, th

Problem is, in the context of their disastorous (and likely fraudulent) balance sheet, they really need billions of dollars more. It really isnt about $148m, this is just the tip of the iceberg - its just an incremental interest obligation, with a wall of debt lurking behind it. So while they may get another month or two leniancy from the markets if they pay this, it still doesnt resolve the near inevitability of default.