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  #856  
Old Yesterday, 03:10 PM
pdonk pdonk is offline
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Join Date: Jan 2004
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Quote:
Originally Posted by bthomas515 View Post
They probably had to sell everything in the bankruptcy (which I imagine is what happened though I haven’t read it yet). Sell all their assets, payback the outstanding creditors pennies on the dollar of what they owe, then restart based on reputation. They probably didn’t keep the unsold or low priced assets.
Agreed. Clear the books, have people who "know" the business restart it.
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  #857  
Old Yesterday, 06:05 PM
peanutgallery peanutgallery is offline
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Join Date: Jan 2009
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They've already pi$$ed away something like $80 million...what could possibly go wrong with keeping around a few of the architects of the debacle? They just found a new sucker. Definitely a F.I.R.E plan for a couple folks

If only the rest of us were just so lucky

Quote:
Originally Posted by fourflys View Post
when in doubt, be cynical and pessimistic..
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