If there is an award for the worst managed deal of the year...

If there is an award for the worst managed deal of the year forget the restit's been won
When did the advisors lose the major shareholder? After the banks upped the ante? Less shambolic advisors at least lock some details before going public with wrong pricing(leaks?)and then don't go to a gunfight without even a knife.
The next set of fee extraction may be -- Mr. Jackman -- If you buy back the hybrids at the prices depressed by suspending the interest payments you will reduce your level of indebtedness by the amount of the discount(for a fee we'll lend you the money),the difference will be booked at a profit, straight to the bottom line (fee for this advice) an we won't charge too much to handle the buyback.