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Old 16th December 2024 | 09:34
  #1080 (permalink)  
KRUSTY 34
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Joined: Jan 2006
Posts: 2,535
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From: Sydney Australia
I dunno? The AFR article is repleat with speculation, but with zero evidence to back it up.

one of the numerous scenarios put forward by Jake Nelson is the payout of the debt owed to PAG (presumably north of $150M) and a possible handing back of the reigns to the criminals who are responsible for this mess in the first place.

Speaking of paying off PAG and sending them on their way, would this be to fend them off from forcing the liquidation? They sure as sh!t won’t go quietly and simply write it all off as a bad call. And what about all the other creditors owed around $350M? Is the government going to bail them out as well?

So much BS going on here it really is becoming quite foggy.
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