More on CCRT Share Repurchase

It appears that CCRT bought back shares from a large distressed seller. See this link:

http://www.nypost.com/seven/03152007/business/subprime_lender_bet_is_68m_loser_business_roddy_boyd.htm

Here's a link to background information on Devaney:

http://db.riskwaters.com/public/showPage.html?page=195221

and here's the SEC filing link:

http://biz.yahoo.com/e/070319/ccrt8-k.html

Very good move by CCRT management IMO!