Take aways, page-65

jim,

Let us get back on subject. I still do not know why Grech and Co. paid 735 million pounds for something that is now in the books at negative value, why they dealt with a company which had bought those assets a few years previously for only 375 million pounds and which was described as a' golf club built on quick sand', why the warning signs were ignored etc. etc.
I think nothing much more will happen. Ex shareholders will receive a pittance from the MB CA.
Have no idea what the new owners will do with it but fairly sure it and the main actors will appear in another guise in the near future.All we can do is wait for some indication from Anchorage as to what they will do with it. Until then we are just marking time. Time to put this one to bed once and for all.