Well someone had to do it, page-135

Loosing $10m cash......is material.

Hi AFU and HT I followed you both over here from X etc To see what fellow investors are also looking at.

MConsideredO.

Beware !!!! Losing cash is this companies normal business expense. Having cash means nothing.
They get paid in advance to guarantee long term loans.

All the names at Loyds of London got cleaned out when the risks became reality.

Loyds had a long track record of knowing how to assess and price risk.

Do these guys???