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Reversing the Slide in Corporate Turnarounds

CFO Bookshelf

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Chapter 11 Bankruptcy

crystal magalett, n crystal j and she deserves all the cuto she's been getting. The most important person was flip hufford then, froma blackstone, and he figured out what to keep and not keep. She turned out to be the best negotiator of prices and deals i have ever been associated with. And we sold parts off. We gave parts away to creditors. I think we were left with a four or five billion dollar company,. But the thing is, throwing off two and 300 million a year in cash. Now she and her brother and a mother in law and all kinds of people are just rolling in in money.

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