BBP babcock & brown power
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plan a vs. plan b, page-9

  1. melua
    14,880 Posts.
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    03/06/09
    12:22
    Post #: 5237093
    "why did the banks come to the party and say, Yep, we still have confidence, here is your loan extension"

    The banks did not say that at all. IF the banks extend, what margin will they impose on BBP? Think about it.
    BBP Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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