Ol’ Craigey might need a new hedge fund sucker to get him out of this jam.
Never again will a bank have to admit how bad at banking it is in court, at least on this matter.
In fairness to them, the whole paying-Revlon’s-debt-early thing is incredibly funny.
We suppose it’s the really the least they could do.
In other words, whose pretense will most successfully sway a judge.
That’s how it’s supposed to work, right?
Can Chatham Asset Management and Brigade Capital Management out-Alden Alden Global Capital?
It’s the most believable thing he’s said about the ticket-scalping Ponzi scheme yet.
Because so far they’re all turning up Ponzi scheme.