'The assets are not the problem......the refiancne of short term debt is.'
This does not make sense. So why won't they relend? They would have absolutely no issue lending if what they lend is safely covered by the underlying assets. There' something missing in this picture based on your ascertion.
You must be a little apprehensive Warnie, afterall you did sell some stock today.
not moving much either way of late, page-11
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