yuyu, agree with you totally,the way I see it, big business is very complicated and yet the overall big picture is very simple. If westLB is a problem, the other banks will have no other choice but to make them come to the party or cover that 200mil themselves. Call it "insurance" if you will, because the alternative would see them lining up to get their money back, probable loose about 30% on whats owed, also their individual share prices would fall as a result. If centro pulls through and it will, this would have a positve reaction on their share price, (not sure if the current bank sps have tatally factored centro into it). Anyway there seems, to me, to be a simple sollution to a complex problem. PS thanks tweets for your constant research. Cheers
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
