Don't forget that Susman already did a lot of the work, and we can see from the billings was in touch with Holchberg. Did Holchberg have to start from scratch with Refco? I don't know. I do know he was gunning for Weil, and almost got them. So from that experience he knows how Weil operates, and with some finger pointing in the right directions by Susman perhaps he doesn't need the extra time.
I don't know. This could end up very badly for equity. He could say the POR is fine, move forward and we're toast. The market is saying 'I have no idea' right now.