'McAdam was very loyal, linking Ratner with the future of the company and fielding questions to him,' said one analyst. 'It was a show of confidence that things were on the turn.' But the Machiavellian tendency believes Mr Ratner could be a fall guy should the company have to delay repayment of pounds 58m worth of bonds on October 30.
Another analyst said: 'By putting Ratner up front he remains very responsible for the financial restructuring. If those bond repayments are delayed, someone will have to take the blame.'Reuse content