Well a blogger (not me)from Inc. Magazine brought the heat to the real story on Republic. You can click HERE. The real heavy stuff is half way down after the banking babble.
And this amazing line from another news story:
During negotiations, Republic majority owner Richard Gillman initially demanded that he and other company executives receive money, participants said. Gillman wanted 8 weeks of his $225,000-per-year salary, plus additional money for payments on a Mercedes and Land Rover, Gutierrez said.
By the way the full weekly post is below with a ton of comments including an awesome one at the bottom. Great stuff all around.