Ch 9 buggered?

[digger]

Nine on brink as owners seek debt extension - ABC News (Australian Broadcasting Corporation) (http://www.abc.net.au/news/2011-11-18/nine-debt/3680554)

[Homestar]

Not buggered completely, if the banks say no to an extension, then they will just take ownership of it, then probably split up the various assets for sale, or float it... It's not the first time its been in this mess. Just another case of the high rollers borrowing too much against it, and not being able to furnish the debt.