CNP 0.00% 4.0¢ cnpr group

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  1. 1,694 Posts.
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    For Centro it was their business model that has caused this grief. Someone said Centro should have negotiated long term lending, rather than short term. On this I have to agree - it was short-sighted of Centro to do so


    JD, this is precisely what rams did and the root of its problems. And like I pointed out earlier, CNP could have locked in longer term funding for only 10 basis points more back in april/may. This would have only cost 1m per billion borrowed and would have ensured against asset firesales!
 
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