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From Barry over at TBG:47% on the dollar
Less than five and half cents on the dollar? That’s an even cheaper sale than originally advertised.
What this transaction actually accomplishes is getting the paper — but not the full liability — off of Merrill’s books.
How very Enron-like !
The behavior of the I-banks is getting boring, tiring and [...] ... Continue reading »
Less than five and half cents on the dollar? That’s an even cheaper sale than originally advertised.
What this transaction actually accomplishes is getting the paper — but not the full liability — off of Merrill’s books.
How very Enron-like !
The behavior of the I-banks is getting boring, tiring and [...] ... Continue reading »
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