re: last instance loans

  1. 2,858 Posts.
    It will be interesting if Michael Pascoe will write in same sentiment about these Asian loans "as last instance " as he wrote recently about GMG rising

    'WESTFIELD Group, the world's biggest shopping mall owner, received commitments of more than $US1.4billion ($1.67bn) for a $US1.25bn loan after courting investors in Asia, sources said.'

    http://www.theaustralian.news.com.au/business/story/0,28124,25916756-36418,00.html
 
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