Originally Posted by JoePatroni

I was at that roadshow and I still call BS. If it was so imminent, why was it NEVER mentioned by ANYONE else- especially in the financial community? The previous imminent bankruptcy, when Bethune took over, was splashed all over every newspaper and business magazine for weeks and months.

Without the IAH scab reps and Panarello, this thing would have had a much harder time coming to fruition. Since GUM and CLE, as well as the FI’s, usually voted in lockstep with the IAH scab contingent- it was game over.