Old Dog
Goldmans jod is to maximize it's commision period and that means maximizing shaerehold value for any deal...These are greedy Wall Street people after all.
People continue to ignore the facts
The company has sufficient liquidity to meet all of its current financial obligations, including the repayment of its convertible debentures in June, interest payments on its Senior Secured Notes in February and August and funding its announced 2012 capital program.
Jan 20 2012
http://www.connacheroil.com/en/investor/cll-2012-01-20-futuredirection.pdf
Of course people here will say this is just pure BS because THEY"VE been in the data room and have all the REAL inside information ...