afr articles, page-4

Another oversight that BBG forgot to,mention to keep the market informed.
KM wont have any interest in rescuing BBG theres far much more money to be made in an Administration and Liquidation.
Looks like I was wrong it has reached and gone beyond the point of no return. If the banks are in control which seems highly likely its demise is not far away.
As an absolute last resort it needs to sell off everything outside of Australia, pay the banks out and go private and start again with a clean balance sheet and lots of tax credits. A much leaner and meaner Australian operation.