Max Holmes Deposition-Day No. 1

Richard:

It was another great deposition day for the plaintiffs.? The high point was
an audio taped phone conversation of Max Holmes' calling Stickler a liar.? A
more detailed report is attached.

Frankly, I don't think McDonald and NatWest can let this case go to trial.?
They will almost surely lose, and lose big, and PaineWebber could be drawn in
too.? I think I will make a renewed pitch to Bruce MacLeod (Farallon's lawyer
here this week) to let ECT out.? I will keep you posted.

Steve

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