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rlwinvestor

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Alias Born 02/02/2009

rlwinvestor

Re: None

Thursday, 04/16/2009 8:48:13 AM

Thursday, April 16, 2009 8:48:13 AM

Post# of 5942
I don't know why anyone would be shaken by the news on NOBL. There have been reports about this happening for months now. You would have had to have been on a deserted island for the last 3 or 4 months to not see that coming. There has been no such talks from HAYZ during the same time frame.

Another interesting point is that its U.S. division is the only part that seems to be problematic.

"Noble's European, Asian and Mexican affiliates are not debtors in the bankruptcy."

Wouldn't that be positive for HAYZ due to there limited U.S. exposure?
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