finch you say: The concern is to negotiate half of the $13 billion in loans and if they can not secure it they are in trouble. They can do that now and still be profitable, if they wait a bit they can do it on more favourable terms. The question then becomes a matter of what one is willing to pay for a cheery consensus as buffet would put it but it will certainly be far higher than present levels. Regarding the examples you site they are distinguishable from the present but then again beauty is in the eye of the beholder. The fed has played its hand.
RHG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
