Posted Wednesday 25th April 2007 02:31 GMT
IBM is already being extremely generous
If the school district racked up a $6.2M debt in 1989 and Ibm dropped it $1.2M in 93, and agreed to wait 15 years for the payment (how much has inflation dropped the buying power of $5M since 1989? Hint: A lot.). I think IBM is being extraordinarily generous already.
IMHO IBM has bent over backwards to give them time for this debt.