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Monday, February 20, 2012 2:05:34 PM
The EC should have gone hostile, instead of pacifying the debtors. They did not and therefore could not. Once the debtors roped the EC into the confidentiality agreement, they were basically nutured and had to comply. It was a brilliant move by Weil, it worked and it caused much grief on the equity side of the ball.
It is what it is and "lesson learned!"
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