BH does this with all their companies. It allows them to get a very low interest rate. An interesting fact though is that prior to Sokol coming on board, we never had to pay the fee to BH. Alice Schroeder mentioned in her blog site that she had never heard of this before. Obviously Warren believe in RTS so much he waived the fee so RTS could build the company. There was a lot of good information on her blog site when all this was going down when Sokol ran us but she has taken it down.

In the end, it probably was the best thing for RTS to get replaced as once his no compete cause ended he started up a helicopter leasing business he then sold to GE for 1.3 billion while Sokol got canned from BH for unethical behavior.

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