Jake Brace
Jake Brace
facing lots message negative people sentiment talk
We're facing some negative sentiment in Washington. We talk to lots of people in Washington. Their message is: More is needed.
blazing products terms trail
We are blazing our own trail in terms of what products and offerings we have.
industry reached
We don't see the industry has reached equilibrium yet.
company determine exchange open recovery trading true value
We'll open trading on an exchange and that will determine what the value of the company will be. That's when you'll be able to determine what the true recovery will be.
early generate ignore premium revenue signs value
We're not going to ignore the low-value customer, but we're going to try and generate a revenue premium from the high-value customer. And the early signs of that are very promising.
investing money spending taking time
We are judiciously taking money and investing it in the high-value customer, and at the same time we are not spending any more than we have to on the low-value customer.
critics hard hard-work outset represents three today validation work
Today represents a validation of three years of hard work that at the outset many critics said could not be done.
achieve brought common quick resolution
These discussions need to be brought to a quick resolution to achieve our common goal,
agreement employee issues pension pleased reached resolved retirement
Once this agreement is ratified, we will now have resolved pension and retirement issues with all of our employee groups. We're pleased to have reached this agreement.
estimate external less
That's considerably less than some external estimate I've seen.
agreement committee enormous goal prior reach
Being able to reach a global, consensual agreement with the creditor's committee prior to confirmation is the goal in any restructuring and is an enormous accomplishment.
envelope financial fits performance within
Even at these levels, our financial performance fits within the envelope that is out there.
bankruptcy financial gets improve number tools
Bankruptcy gets you a number of tools you can use to improve your financial situation, ... We don't think there are any more tools we can use.
bit difficult expected
It was every bit as difficult as we expected it to be and then some.