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reality check - let's discuss the fundamentals, page-5

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    Thanks for the response Kiril, and hopefully we can get some more contributions and ideas flowing.

    Re toxic assets, that was my memory of the situation, although now having a look back over the announcements and news at the time, it only states that they have some investments that are illiquid and will take a lot of time to liquidate:

    "Redemptions from LDF, which operates in the jurisdiction of the United States, will be treated differently. From 31 December 2008, a part of each redemption request from this fund will be transferred to a special purpose vehicle designed to hold less liquid investments until they are liquidated." [23 Dec 08 announcement]
 
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