Thoughts on why Noble won't turn off the lights, page-25

a more likly scenario ... and imo the elephant in the living room

IDC to Noble/PIC/RES: "u guys couldn't organise a r*** in a brothel. We're done!"

PIC: *yawn* Wha??? Meh! oh, well we lose a few mill ... no biggie

NOBLE well we have security over the asset so we'll just bankrupt RES and sell it

RES mgmt: We've been lining our pockets for doing sfa for so long, who cares!

RES Shareholders: royally screwed