Why does it cost $2mil a quarter to "administer" a company that is doing virtually nothing? They cant even perform a review of their own operation without the assistance of costly "advisers". Blind Freddie can see they are screwed why do they need to pay advisers to tell them that. Hell, give me the adviser cash and I will let them know in no uncertain terms!
I picture the conversation going something like this:
Coalspur: "So costly deutsche bank advisers, what can we do to get out of this ridiculous mess?"
Deutsche Bank: "Well you are pretty much stuffed, you have $83million in debt, no income and no chance of anyone in their right mind giving you any more money, so game over. Can we have our $300k now?"
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