View Single Post
  #49  
Old 06-25-2009, 08:57 PM
Peter_Spaeth's Avatar
Peter_Spaeth Peter_Spaeth is offline
Peter Spaeth
Member
 
Join Date: Apr 2009
Posts: 30,369
Default speculation 101

I don't think any of us here knows the terms under which Legendary came to possess Mastro Auctions' assets, and the critique of Doug's business acumen in connection with the transaction is just so much idle speculation. Indeed, while I cannot now locate the thread, I recall a board member came up with information suggesting what really happened is simply that the financial firm behind Mastro transferred assets from one wholly owned entity to another, Legendary. There was, if that is true, no "asset purchase" at all. Oh and by the way, it's clique, not "click."
Reply With Quote