Chuck is correct except the public agencies are not dealing with their money so why should they care. It is too bad they don't treat it like their own car or home sale.
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Chuck; you nailed it! Being prudent is not something this area is famous for. Need proof? Read some posts.
Yep, I misread the poll question/numbers. In any event my point remains the same. When selling a large asset, one should have an idea of it's true value. That's not to say it will sell for that, but it's the prudent thing to do.
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comparing LSH to CCH is like apples and oranges, one is a public enterprise and the other is private, the two enterprises are at opp. ends of the spectrum and their issues are not the same if CCH was filing chapter 11 we could see the people comparing the two
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Chuck, I think you may have your percentages reversed? 70% are saying it's a waist of money.
Amazing. 70% are saying that there should be an appraisal, yet no one cared about doing one for the CCH. To that I guess I must say don't look up blue book value of your car when you trade/sell, just take your chances.
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Appraisal should have been done before. A little late now.
yes....taxpayers money...just sell !
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maybe if they do a appraisal, they will find hidden an hidden asset like a " capped gas well" than Judeye will have something to beat, by into the ground, asking about it continuously
in order to certify a "repayment" plan court has to have documented proof of valve for assets, so it would be a wise move to help restructure a chapter 11 plan, if it was just an out right sell, than it would be choosing to take what is offered or not
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Why waste money on an appraisal? They didnt do one on the CC and it got sold. Who cares if it is for what it is worth or not? Clearly no one in our legislation.
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It's worth what someone is willing to pay, and not one penny more.
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