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jerseyboy

06/17/11 2:11 PM

#12533 RE: grantg2 #12532

GSI didn't cease to exist, and there was no split. GSI owns 50% of a joint venture, the cash flow of which is jointly controlled and used for purposes upon which both partners agree. I would doubt that the other partner would want to use the cash to extinguish a liability to a party with and to whom he had no past relationship or obligation.