With all the news today about another finance house failing and going under I did hear something rather interesting. It seems one of the main debts that Lehman owed was a $460 Mil. loan to a Japanese bank who was fronting the money for the Cerberus group. Cerberus says they aren't concerned about the loan as it was "insured."
Strange coincidence don't you think???
Way OT Banking
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Welcome to the Leverguns.Com General Discussions Forum. This is a high-class place so act respectable. We discuss most anything here other than politics... politely.
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Welcome to the Leverguns.Com General Discussions Forum. This is a high-class place so act respectable. We discuss most anything here other than politics... politely.
Please post political post in the new Politics forum.
Way OT Banking
If you're gonna be stupid ya gotta be tough-
Isiah 55:8&9
It's easier to fool people than it is to convince them they have been fooled.
Isiah 55:8&9
It's easier to fool people than it is to convince them they have been fooled.