It gets worse...Greystone was funding the whole Appco purchase but they hit a last minute snag. Greystone needed to appraisals on the real estate before they loaned the final 5 million dollars.
Greystone needed 30 extra days to do the appraisals. Marks and Crivello were sitting on such a big pay day they didn't want to wait 30 days and risk losing their pay dirt..
So instead they made a deal with the devil and got 6 million dollars from Cornell at the last minute instead of waiting 30 days for Greystones appraisals. That's why cornell got the extra $6,000,000 worth of debentures. Crivello and Marks sold us down the river.