According to the WSJ and other sources, Ron Bloom, formerly of Lazard, has been retained by the Government. Some sources portray his role as an advisor. Reading between the lines of the WSJ article, one could conclude he may be negotiating on behalf of the Government.
Ron's biographical sketch was reported on by Forbes.
Along the lines of yesterday's post, let's hope he will play the role of negotiator. A more involved principal role will serve the Government's interests better than an advisory role.
Cheers, Mike
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