BBI 0.00% $3.98 babcock & brown infrastructure group

>We know it was all done amongst the worst headlines this year,...

  1. 315 Posts.
    >We know it was all done amongst the worst headlines this year, but do you think you are better or worse off for that vote,

    Thank god the BNB010 holders tipped the mess into voluntary administration. This is something the equity holders should have done ... but did not. Noteholders did the shareholders work.

    >and were the choices given to you just a way of absolving the powers that be of the responsibility of stirring the blood in the shark pool.

    The "powers that be" were interested in shutting down any equity holder or noteholder right to tip the lot into liquidation. To simply unwind the assets in favour of the banks.

    We are now finally in the situation that a liquidator, with full investigative power, has been appointed.

    The target, now, is the Banking consortium. Finally!

 
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