"We pride ourselves on the commitments that we make. We follow through," says a founder of Millennium Partners, which has just averted foreclosure on Four Seasons Hotel by "strategically" withholding debt payments in order to initiate negotiations with their debt holders. Result: equity group Westbrook Partners is now two-thirds owner of Four Seasons, and Millennium is now "so happy" because they've "survived, fixed it, and now we can move on." [SF Business Times]
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