Great post. Happy to see that opposition from noteholders.
As time passes, the more the economy repositions itself in our industry. Thus, time is pressing, because it seems to play against Paterson and his team?? Their plan is not in the interest of shareholders and some noteholders. Their first success is profitability and to guarantee it combines the powerful Fairfax. I have nothing against Fairfax, but it should be careful that plan seems indecent from our management and could be harmful to their business reputation. Money is important in business, but sometimes, ethics can also become higher. This plan is a real shame for our capitalist system there is a burglary of assets that destroyed investors of good faith.
