Why would they withhold this information from their own Shareholders?
The holding company was basically insolvent?
Nearly 10% of the MC is on loan to RRS. What happens if their Shareholders call for it to be paid back as I understand some are?
In speaking with a few Brokers at a function last night, many commented (some outright laughed) that they wouldn't touch this with a barge pole and that's why they're left with the Lenders of Last Resort.
Thats a frightening article about Village - thanks for alerting us to that.
Seems fairly obvious that they'll be reliant on picking up a new bunch of not so well informed Mums & Dads so we should applaud the tenacity of those seeking to outline the truth of what 'could' happen to their hard earned.
Oh and the thumb thief was out - busy night at the office?
DYOR (and if you can't, thankfully there are others who do) LOL
IMHO
Why would they withhold this information from their own...
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