west lb may be centro holdout..., page-28

Correct Tweets.

Quote: "After hectic activity globally, his loan adviser told Murdoch to speak to the bank chairman himself. The call was made. He pleaded to speak to the Pittsburgh bank's chairman to no avail. He was put through to the bank's chief loan officer instead. "I had to beg," recalled Murdoch in his biography by William Shawcross."

The point is not about News Corp but about how little things "splinters on the bannister of life" can trip you up but the real interest from a business point of view (esp in Centro's case) is how they are resolved.

From my understanding Centro was offered a 1 month extension to resolve the problem but said they only required 7 days. To me that statement exudes confidence.

Cheers M.