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iStar Financial Inc. Message Board

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  • foreverwhiteroses foreverwhiteroses Jan 16, 2009 4:31 PM Flag

    Q4 Prognosis

    That's what I meant by being in the driver's seat - the one SFI would have to approach initially for negotiating purposes and, therefore, the ones who would be in a role to extract beneficial terms in exchange for loosening the TNW covenant. There are plenty of experienced vultures who seek out that kind of paper to control proceedings. I noticed where Third Avenue Fund has a stake in SFI debt... They do that sort of thing....