4Cable TV International Inc (CATV)

[MjMilo]

THat's not what a shell game is vis-a-vis business.

For example.....

The latest example can be found in Britain…

RBS and Lloyds sell repossessed properties to subsidiaries

Britain’s taxpayer-owned banks are selling repossessed property assets to their own subsidiaries to avoid billions of pounds of losses that would be incurred by selling them in the open market.

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The practice, which was popular towards the end of the recession of the early 1990s, enables banks to avoid selling assets that have fallen significantly in value and are in negative equity to an outside buyer, which would leave it nursing a loss.

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An industry source familiar with the practice said: “This is a legitimate strategy that was pursued at the end of the previous recession. It means that the bank is able to avoid crystallising the loss, although it is still on the balance sheet.

“They will do this with a small proportion of the total outstanding debts. All the banks must do to meet regulations is maintain capital lending.”