Alpha, I have refraimed from commenting to think i'm putting in the boot, but you make me laugh when you indicate that there is no evidence that the board is incompetent. Here is some evidence:
sold 65% of the prime asset for a fraction of what they could have got. didnt gauge the market, thought they could get more, greed is good, but with a sub-prime crisis developing in november, should have taken a less agresive approach
an MFS fund is trying to get rid of MFS so that it is not managed by MFS.
City Pacific (and this could go either way) walk away.
King and Adam have disappeared at a time of crisis.
and where that salt of the earth, establishment guy Andrew Peacock
Cant get a set of financial statements prepared on time
But of course I dont know as this is what the press has released and they dont know either.
but it is still suspended, not a good sign of a competent board.
I do hope that some of you stop defending the undefendable and ido hope you get some money out of this mess
MFS
mfs limited
