But no matter how fast Finance bailed, the ship kept sinking. “We are looking at a complete write-off of over $8 million,”3 was how Pavlo described in an email to Wanserski and his boss, Jim Folk, the ugly situation that had bubbled up with a customer called ATI. The company was so obstreperous it had already refused Folk’s proposal to sign a $7.5 million promissory note.
