"I believe in transparency," was the message of Peter Nixon, FairPoint's president.
In a striking burst of this "transparency," FairPoint spokesman Jeff Nevins said, "In the beginning, we knew there were going to be some problems. I think it's very fair to say at this point there were more problems than we thought."
Duh. But they couldn't see fit to provide documentation on how they would meet the 1/2-billion dollar debt payment due in a couple of months.
Posted by The Owl at 07:44. Filed under: Labor and business
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