Comments on: Day 2

By: Patrick Shannon

Patrick Shannon — Sun, 13 Apr 2008 16:18:03 +0000

The Notes, as you call those who invested in Pacific Lumber Timber Bonds, might be more thoughtful than you credit them. I notice that the Notes have retained the same investment banking firm, Houlihan, Lokey, Howard & Zukin, that represented the Kelso Esop plan for PL twenty years ago when the employees offered to purchase an Employee Stock Ownership Plan.
Had that offer been accepted, none of what has followed would have occured. Not the $480 million rip-off for the Headwaters deal, or the wild rush to harvest timber like there was no tomorrow. Now that’s done and the forest will require 100 years to return to an even harvest of mature trees.
Judge Schmidt is wise to call for a reconciliation between the bidders. I only hope the displaced workers of PL are remembered.

By: Kym

Kym — Sat, 12 Apr 2008 17:26:53 +0000

I expected to slog through this trying to understand the ins and outs of an important issue here. Instead, I enjoyed every minute of the excellent writing. Thank you!

By: Heraldo

Heraldo — Sat, 12 Apr 2008 17:20:32 +0000

I noticed the same distinction about Sandy Dean when the McMarathon (love it!) show came to Eureka. He’s not in the same category as Robert “local residents lead empty lives” Manne.

By: Carol

Carol — Sat, 12 Apr 2008 16:32:49 +0000

Thank you, David, for being the eyes and ears for all of us in Humboldt County.

I have enjoyed your productions, especially the musical about the salmon.

We have a link to your blog on our blog: http://greglist.blogspot.com/

By: gulo gordo

gulo gordo — Sat, 12 Apr 2008 06:21:59 +0000

Thanks, David! I’m hoping there’s a Human Nature treatment of the legal/corporate/low finance stewpot brewing.

I do suspect, however, that whatever your (or anyone else’s) average Texas lawyer might be, the breed you’re privileged to observe in their native habitat is a rarer sort (if not necessarily in a way that would really make one want to seek them out). Condors, say, as against your run o’ the mill buzzard. Or maybe crested caracaras. Or cassowaries.

By: J Warren Hockday

J Warren Hockday — Sat, 12 Apr 2008 06:07:13 +0000

Thanks David

I truly appreciate your work on this. It is informative and poetic.

Please keep it up. There is so much at stake in this end-game.

Your analysis is dead on and I admire your attention to detail. Reading your work helps me feel that I was there, in the courtroom too.

I think we are all looking toward a similar and hopeful outcome in this arcane exercise. Your insight and clarity helps make it real even for those of us who aren’t $5 big bills per hour practitioners. Yet we all will be affected by the end product of this cantankerous process. So thanks for making it interesting and appreciable for the uninitiated like me.

One note: It’s Robert Manne…not John.

jdublyou@sbcglobal.net