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Post by williedraton on Sept 10, 2012 17:40:16 GMT -5
It may be beneficial to consider why the creditors or a specific creditor would talk to the WSJ. It's not a stretch to think that the "sources familiar with the matter" from the auction leaks in the WSJ are the same "creditors familiar with the matter" in today's WSJ article. Now that we know its a creditor that talked, the question now is why? I have my suspicions...
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Post by condo3e on Sept 10, 2012 17:44:47 GMT -5
Creditors responded by putting more pressure on the company to cut costs, according to creditors familiar with the matter.
These cuts were coming long before the start of the auction
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