"Huff tried to expain GTE's change of position"...not asking this of you Risk, but what did he say and why do the plaintiffs not say what he said. They probably left it out because it would weaken their position.
They are saying Huff offered shares. That is their word. Honest question: Do we have anything that in any way confirms that this happened, or do we only have their word?
I have not read the full transcript, so the excerpt doesn't provide needed context. I'm confused between "the money" and "the $300 million letter of credit."
What was it - cash or a credit promise the Russians were trying to negotiate with?
Also - did Huff have teh authority to act alone - or did the BOD tell him to back away from the table?
I've met many Russians in my travels - my impressions are similar to Vern's (especially after I caught one of their naval officers steal our stainless steel dinnerware believing it to be silver!)
Don't waste too much of your time on my account - it's history.
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