Belgie The picture painited of this guy in Fortune magazine, and others articles, about his vulture type funds sound a awful lot like the way a Carl Ican operation goes down. The eventual aim being take over and break up for the good parts. Interesting as well how one fund name goes away and another come comes up with the same guy as head pulling the strings. Wonder if the Mexican play has allowed these guys in for a piece?
Yes, if I were Peter I would be very careful dealing with this sort of player. He is way out of his league.I don't want to own a share of SGN until the loan is paid in full and even then I'd watch it like a hawk.