Open? Yes I agree they should have been more open. I just don't think they are much different from any other small company in that aspect... Heck, probably every other company. They all lie/hide truth/bend truth.
Better lender? Here I have to disagree. It was clear as day that they aren't capable of playing it off even with all these huge contracts. Thin margins and timeframe simply made it impossible to pay off this humongous debt and no sane lender would give them better terms.
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