|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
Mr Robert Ruben ex Clinton Admin sec of the Treasury.... just had to borrow 7B at 11% from a ME loan shark, so I don't think they are in any position to be buying anything.
I think that the mergers will include big write downs of the bad loans. So that the shareholders of the introuble companies will be taking a big stick up the a$$.
__________________
Copyright
"Some Observer"
|