afgs staff are the key to their ongoing viability,under...

afgs staff are the key to their ongoing viability,under administration there would be nothing to retain them,the ongoing financial crisis is mainly driven by technicality,not
long term growth,hedge funds and lack of regulation in markets in general have created this situation++

i think the underlying cause of the events before us have created an effect that in no way ,places forward valuation on any asset,assume the world will continue at some rate of growth then underlying assets are fine going forward.

afg will present a compelling comparative analysis,however dont expect it to be easy going forward,i am equally sure
the business model they wish to retain will continue,how it does that is another matter,under administration it unlikely to be manageable.

so i guess the true underlying value in the sp. just comes down to intellectual property .

i will be surprised if terms are not renegotiated ,however
what terms are acceptable