Exactly why MBN should have gone into C&M rather than...

Exactly why MBN should have gone into C&M rather than liquidation.
Creditors - accept the $30 million from Guggenheim. Plenty of money to survive a few years of C&M whilst the NP recovers. When the NP recovers we all win.
What has happened - creditors will get some or most of their money back- probably not all of their money - and everybody else gets shafted, not mostly shafted, totally shafted. Well done creditors, you pack of selfish mongrels!