BNB babcock & brown limited

over a decade on and the banks are still at it

  1. melua
    14,880 Posts.
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    30/04/09
    20:40
    Post #: 5076249
    http://news.ninemsn.com.au/article.aspx?id=808224

    Read the bit about how the banks took control of the assets in return for re-financing whilst the company was insolvent. Bondholders/noteholders got stiffed.
    BNB Price at posting: 32.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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