Well rogues, who are all the big boys? Who rated all those crappy CDOs at AAA?
Just because a big name puts out a report doesnt make it gospel.
Some big names put values on Northern Rock that were a lot higher than its current price of under 2 pounds.
The credit crunch is far from over. I would be looking at a much lower price yet on RAMS.
Their complete lack of information flow to shareholders is a worry. Sounds like there is nothing positive to say?
credit mkts recovering as per target, page-16
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