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Re: finnthecelt post# 8720

Thursday, 01/24/2008 9:32:56 AM

Thursday, January 24, 2008 9:32:56 AM

Post# of 11318
I doubt that they can finish the deal during the next 2 days. They were not able to get the 10 Million over the last 3 months, so why should the next 2 days be different?

My understanding: The deadline is Friday. If nothing happens the deal will be over - and I doubt that anything will happen. The mortgage business is completely down. European banks lost billions because of their stupid american partners and will wait for new investments until the market calms down.

Actually I think this will remain ashes - no phoenix in sight!