""as the restructure reduces the risk for the hedge, they have...

""as the restructure reduces the risk for the hedge, they have control""
yeah..and then they can get in there and clean up the mess the mess
Is that what you mean Warnie?
so control of what?... praytell Warnie.
Oh...the bank syndicate ..they're going to buy out Westpac and NAB ...and at a discount what's more ... because without them Slater & Gordon is finished.?
No Warnie, what Anchorage has done - if media reports are correct- is quite brave..and possibly smart. But Anchorage is not a law firm Warnie ..and the only people who can manage and retain and motivate this law firm are the lawyers...not the banks, not the hedge funds, not the media, not the insolvency practitioners and not the shareholders.