the risk has been carefully calculated.....
if we follow the fortunes of Murdoch, Ted Turner and Donald Trump you we find that have often had to go to the banks with cap in hand.
The reason for the number of extensions is due to the complexity of the CNP structure and the myriad of lenders involved.
Each lender BTW may have its own cross to bear.it's not just about CNP problems here
west lb may be centro holdout..., page-27
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