BNB babcock & brown limited

another interesting read, page-2

  1. 62 Posts.
    Fascinating stuff. Just shows that the vote against the BNB board recommendation was actually the only rational one for noteholders to take. This was presumably the action the BNB board & the banks least wanted - so why did they not come up with a less insulting offer? Very arrogant & short sighted of them.
 
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