
DAVE STEVENS
via goldenagecomicbookstories
FOR MONA!
MOⒶNARCHISM


If the United States does not get out of Iraq, Afghanistan and other countries controlled by Muslims, he said, "we will be attacking U.S.," adding that Americans "only care about their people, but they don't care about the people elsewhere in the world when they die" . . . .
As soon as he was taken into custody May 3 at John F. Kennedy International Airport, onboard a flight to Dubai, the Pakistani-born Shahzad told agents that he was motivated by opposition to U.S. policy in the Muslim world, officials said.
"One of the first things he said was, 'How would you feel if people attacked the United States? You are attacking a sovereign Pakistan'," said one law enforcement official, who spoke on condition of anonymity because the interrogation reports are not public.
"Yes," said Shahzad, and then said he wanted to plead guilty and 100 times more," because he wanted the U.S. to know it will continue to suffer attacks if it does not leave Iraq and Afghanistan and stop drone strikes in Pakistan.
Calm, but clearly angry, and standing the whole time . . . . Shahzad said the judge needed to understand his role. "I consider myself a Muslim soldier," he said. When [Judge] Cedarbaum asked whether he considered the people in Times Square to be innocent, he said they had elected the U.S. government.
"Even children?" said Cedarbaum.
"When the drones [in Pakistan] hit, they don't see children," answered Shahzad. He then said, "I am part of the answer to the U.S. killing the Muslim people."
Q. Why are Hicks and Gillett so against the offer?
A. They believe the price of £300million grossly under-values the club - and because they would each take a massive financial hit.
Q. But £300million seems like a lot of money - isn't that far more than they paid for the club in 2007?
A. Yes, they paid £219million, funded entirely by bank loans, but since then the debt has swelled due to interest and other fees to £280million, and they have invested £144.4million into Kop Holdings via a company registered in the Cayman Islands, which was then lent to Liverpool.
Q. What would Hicks and Gillett be left with if the £300million buy-out goes ahead?
A. Around £200million would go towards paying off the Royal Bank of Scotland and Wachovia debts. RBS would be likely to leave around £30million of the debt as a credit facility for the new owners. Only after all the other creditors are paid would any left-over cash go to Hicks and Gillett towards the £144.4million loan they put in.
Q. What about the penalty fees that Hicks and Gillett have built up with RBS?
A. They total around £45million but they would no doubt be subject to legal challenges too.
Q. So what size of loss are Hicks and Gillett contemplating?
A. A sizeable one, even as much as £100million.
Q. What is the next step?
A. The lawyers have moved in with Hicks and Gillett trying to block the board's right to agree a takeover. If they sack the board, then RBS would claim that would put the Americans in breach of their refinancing agreement signed in April.
Q. What if they succeed?
A. Hicks and Gillett are caught between a rock and a hard place. Even if they succeed then unless they have raised funds to pay off their debts by October 15 then RBS will assume control of the club, put Kop Holdings into administration and sell Liverpool themselves - mostly likely to New England Sports Ventures.
