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Aga is the type of guy who doesn't like to air out the dirty laundry too much in public
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That is not the point. Payment, apparently is. Better to hang out your dirty laundry and pay the money than look like you are in financial trouble, whether you are or not. But the signs seem to point to the latter. It always amazes me how much slack people will cut it they think there is any chance of payment. Enron comes to mind.