I am not so sure about your contention JD that the money Terry owes him has been repaid. Maybe a part of it has, but who really knows. My gut feeling is that if it had of been Done -a- Chick would have said something along the lines of" I held them as security at one point but the loan has now been cleared".
If Terry still owed him money then that's what he'd be worried about instead of worrying about share security over a company that has no value I would have thought.
And if the reporter was doing his job he'd have established that.
This is a business article, it's so unclear what's going on (apart from naming the names which is I suppose the main point). The scenario as they describe it just doesn't make sense - I've seen this type of thing before, I act for lenders. It just would be such an odd scenario if it had played out like they claim.
Greenie, he should stick to his day jobjames dean2011-09-14 08:53:51