Lenders force SGH to restructure, page-209

Bensterz.
I am sure you are right but my badly made point is that Ins companies would prefer the staus quo
Time will tell.

I have been in the bunker with a company in real trouble where nobody believed. I knew the numbers and the plan. All we had to do was perform on plan and we did. It is a good feeling.

As for SGH I believe there are 2 good businesses and HL . HL is temporary ( will leave $40M contribution behind) and the likely pattern known in advance and Bank interests appear to be alligned with management in the short term.

Mel