PT - JOURNAL ARTICLE AU - Baker A. Smith TI - Maintaining the Support of the Bank Syndicate When Disaster Strikes DP - 2004 Mar 20 TA - Turnaround Management PG - 86--89 VI - 2004 IP - 1 4099 - http://guides.pm-research.com/content/2004/1/86.short 4100 - http://guides.pm-research.com/content/2004/1/86.full AB - What goes through the bank syndicate lender's mind when the dreaded phone call reveals “something bad happened”? Surprise. Anger. Suspicion. Questions arise on a multiplicity of subjects. Viability. Competence. Exit strategy. What if the bank syndicate is asked to fund losses? How should their concerns be addressed and their support maintained? The author outlines a proven approach that has been of value to the company and the syndicate in numerous financial crises.