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To: MythMan who wrote (162964)4/30/2002 8:02:30 AM
From: Mike M2  Respond to of 436258
 
MM, the company loaned him $360 Million and he had a margin call ( TL & EV). In general, directors seem happy to accommodate management rape & pillage of shareholders but this one may be difficult and even if the company forgives the loan- the IRS will want its take for the extinguishment of debt. mike



To: MythMan who wrote (162964)5/1/2002 5:46:14 PM
From: Real Man  Read Replies (3) | Respond to of 436258
 
Myth, I wonder what the Fed model is saying about the SP500 today...


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