World Surveillance Group Inc (fka WSGI)

[Transat 5]

I beleive Midi has cited HBK as main players before.

Here is a reminder of their involvement in PIPES trading

http://www.thestreet.com/markets/matthewgoldstein/10255157.html

Apparently what emerged in the late 90's as

Death Spiral Bonds are now making a bit of a comeback

http://www.thestreet.com/stocks/brokerages/10284937.html

Dirty game and another way to kill a company and win.

Justa reminder.

I have been caught acouple of times with Co's whom I later found out had entered into desperate death financing deals and its difficult to DD that they are in them. They should be more transaperent about these type of deals.

GTE have declared themselves debt free so presumably no worries here but I get nervous about HBK being involved at all.