Thanks Seamisty.
Nothing but more bad new and reminders of bad news.
Perhaps a bit of obfuscation too. Of the $50M+ owed to the Mum & Dad investors in PIF by Jim Raptis and his cohort of super dooper high flyers, how much is secured by the two 1st mortgages? Anyone know?
I half saw the Q asked of the Treasurer at the London School of Economics and aired on ABC. I can't say for certain if the lady mentioned PIF.
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