Investment bankers are not ever out of work. They don't punch a clock, they go from deal to deal. They eat what they kill, or they don't eat. They purposely make themselves, for lack of a better word, "unemployed" until something attractive comes along. This is a deal to them. For reasons you and I may not know, they believe this has potential to be a doable turnaround situation, otherwise these guys wouldnt waste their time. They basically outlined their intent in the employment agreement to everyone- they plan to turn this around and sell it. The language was clear and explicit. If it works, great. If not, their shares will be worthless along with everyone else's, and they don't eat.
I dont believe they would have bothered with this company unless they were certain they're going to fix it and sell it. They've already removed the most corrupt element from the company, so they're already fixing things. Looking forward to seeing them keep it up.
And it's "Lighten Up Francis."