Harrah's is looking to do the same thing. The cooperate pyramid scheme seems to be over. Back when these were private companies before going public, they were cash cows. Now taking Harrah's back private with 24 billion in bonds was extremely overpriced. Maybe we can bail them out too. My thoughts only....
http://blogs.wsj.com/deals/2008/01/08/harrahs-loan-sale-on-ice-momentarily/