GREY:LGLTF - Post by User
Comment by
Fastowon Feb 04, 2017 12:13pm
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Post# 25799623
RE:RE:Jim Peterson & Faskens have deep pockets
RE:RE:Jim Peterson & Faskens have deep pockets
I am not sure about tax consequences. What I think is that KGIC's balance sheet hastily grew to a size where it was no longer able to service its debt obligations. That happened on Peterson's watch. Bad business decisions aside, it was Peterson's firm that made those deals happen. Whose side was he on? If that question even needs to be asked then there was probably a conflict and thus I'm wondering if action should be taken against Peterson.