This topic has been discussed ad-nauseum in other threads with Green Edge and Pegasus in the title. Perhaps they should be merged.
Whilst CA didn't appear to assist Pegasus in its application - and there is no reason why they should - its incorrect to say the sabotaged the Pegasus deal. CA didn't make Gillett pull his backing at the last moment. And didn't cause the sponsor (rumoured to be Red Bull) to run scared when Conti's Clen announcement co-incided with the planned sponsor announcement (not sure Clen were the sort of wings Red Bull wanted to give). Professional sport is tuff, not just for the competitors, but for management. Why should GreenEdge provide significant help to Pegasus? Some in Pegasus had not exactly endeared themselves to the Australian cycling hierarchy over the years. Im sorry for the riders/employees who were left in the cold as a result of the collapse of Pegasus, but throwing responsibility at CA is ridiculous. Pegasus' failure was a result of their own inability to sort the corporate side of things out - and possibly overpromising (in the form of ProTour status) to its backers.