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Re: the cork post# 3020

Wednesday, 03/07/2012 6:46:10 PM

Wednesday, March 07, 2012 6:46:10 PM

Post# of 3460
No they don't owe it for sure, and none will be altruistic....I certainly wouldn't be. But it's a lot easier when it's just one fund to steamroll the process. One of the three is making the DIP loan. Let me put my thoughts another way....if there was only one fund heavily involved, and that fund was making the DIP loan, I'd be really concerned about lack of counterweights to their influence. So long as the other 2 defend their equity interests, my equity interests are the same ones. If the three were going to collude, they would have done the DIP three ways....I think. At the end of the day, it's all odds and reading tea leaves.
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