Originally Posted by
iahphx
Meanwhile, I think the most important development of the past 24 hours in the hiring of Bethune by the creditors committee (a fact still not yet reported by the eggnog drinking US financial media). It was a masterful stroke, since Grinstein knows and respects Bethune. The thinking is clearly that Bethune is the right guy to tell him it's time to go.
Jerry has already said he wants to leave when DL exits. My thinking is that Bethune would be a perfect successor for a standalone DL. I don't think he was ready to leave CO when he did. If he looks at DL's plan and says he can execute it, that would satisfy the creditors. He's got the obvious experience with turnarounds. It would potentially give him the opportunity to create a globe covering entity, through a merger or other means, down the road. Not sure if he is interested but he would be the perfect fit. Some of his fellow coworkers are already with DL.