CompuServe Messages

Commodore Liquidation

    29-Apr-94 19:22:08
Fm: Robert Wilcox 70107,717
To: Mike Todd 70117,634
Gould has been lending money to Commodore from another company of his. If his loan is secured, a liquidation could be as much as his interest as any other creditor. He may have been able to position himself such that he stands a better chance of recovery than other creditors. Since he seems to have lacked a clue all along, perhaps welcomes the barabrians at the gate….Outsiders turning the company around may be more than he can bear [D