http://online.wsj.com/article/SB10001424127887324136204578642363292065322.html

my numbers were closer than I ever imagined

On Mon, Aug 5, 2013 at 9:13 AM, Peter S <[email protected]> wrote:
> http://www.emsworld.com/news/11077797/rural-metro-files-for-chapter-11-bankruptcy
>
> Do I understand this right?
>
> We borrow $500 million to buy all new ambulances, and give everyone
> fat bonuses. At the end of the year we are $250 million in the hole.
>
> Next - someone gives us $250 million to repeat the scam all over again.
>
> (I am pulling numbers from thin air)

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