RE:RE:CEO interviewI watched it as well. Agree they don't seem too fond of each other. From the sounds of it, Jeff has had his come to Jesus moment and now only wants to get his balance sheet repaired. I agree with this move whole heartedly. A fortress balance sheet that is not dependent on the banks or credit markets is going to be essential for these companies to survive. I suspect last spring pretty much put the fear of God into him as Birchcliff was on the verge of going to zero and into creditor protection. Now the question is, can they pull it off? Time will tell but if they do shareholders will be rewarded........finally!
My only other comment is this process should have started 2 to 3 years ago.
Later
cb