Of course they'd love someone to take their share of the loan.... it's called brinkmanship.
Last night's Dow didn't help, but I reckon if 24 lenders all call on SocGen to rollover then there will likely be an extension.
25 members is waay too many anyway... if Soc Gen has $100m or so, the Big 4 should see the value of putting in another $25m each to take it out.
Dow should rebound tonight, and hopefully that won;t be too late for some Swisse guy to sign off.
BNB
babcock & brown limited
Of course they'd love someone to take their share of the...
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