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Golfbum

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Golfbum

Re: Saturn V post# 117039

Tuesday, 03/12/2013 11:59:43 AM

Tuesday, March 12, 2013 11:59:43 AM

Post# of 151805
Interesting bit about the "special charge" of $50M. They apparently had the property on the books at $200M and could only get $150M for it.

I wonder how much else of their assets are similarly over valued by 30%.

Might make short work of their remaining shareholder equity if properly accounted for.

gb
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