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Non-Tech : Krispy Kreme Doughnuts, Inc. (KKD)
KKD 21.000.0%Aug 4 4:00 PM EDT
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To: redfish who wrote (928)3/12/2005 8:45:53 AM
From: Jon Koplik  Read Replies (1) of 1001
 
Re : Courage Capital (owner of over 6 percent of KKD) (already) / financing transaction ...........................

My hope is that the people at Courage Capital are less of the "greedy, parasitic" variety than people at well-known Wall Street "work-out" firms (whose usual tactic is to promise resolution of cash flow squeezes to companies, and then work extremely slowly, and charge exorbitant fees, until the struggling client is indeed hopelessly out of liquidity, and files for bankruptcy).

Jon.
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