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Alias Born | 10/30/2014 |
Sunday, May 31, 2015 6:51:49 PM
read up on the sec documents and amended letters....
Leucadia is in the business of lending to companies that are in need of funds whereas big banks wouldn't loan too...
Even if, I stress if Leucadia had that right, if loan was paid off it would've been in best interest of leucadia to void such agreement...
For if any company thereafter was looking for loans, that would be a discouragement to not seek leucadia help...
leucadia is in the loan business, not dismantling companies as some would like you to believe...
bad business there...then Leucadia would never get the call..
read up on sec documents,they will enlighten you..
fxcm is on track to pay off loan, that is what scares many...
the citi accounts transfer and the white label agreement and sale with rakuten increase revenues and equity...
while maybe not all citi accounts will migrate, the vast majority will as they want to keep trading, and most know that FXCM is the way to go said in citi's own words....
It's like the people who say Marijuana will never be legalized...
yet it is in some states and many more have it on their agendas, as well as the federal government preparing to move it off schedulet 1 I believe...
leucadia believes in fxcm which is why it loaned the funds to fxcm...
when this loan is paid off it will be a shining light for leucadia and it's future loaning business...
so no worries here...
read the sec documents,tell me if anywhere you see force sale of FXCM...
I don't...
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