As feds confirm flights are stilled, troubled company's controlling shareholder breaks silence, expresses hope for restructuring -- while portraying itself as just another creditor
High-profile owners of fractional shares in the company's corporate jets, such as former Vice President Al Gore, Tennessee Titans coach Jeff Fisher and Franklin businessman Gordon Inman, are given stark choice at creditors' meeting: Take 22 cents on the dollar, or lose all of their money in a Chapter 7 filing
Borrowers see tighter money; lack of local control may cut both ways
One Nashville borrower says tightening credit standards held up his company's bank deal for three months, forcing it to delay acquisitions and other growth plans.
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