In assets, the four largest banks in the world is in China. Those are owned by the goverment and will finance anything that improves the economy in China. Heck, how hard can it be too get a loan from them? I expect us to get it within a few months and even that would be a failure given how long it has taken us.
So Solomon was willing to throw us under the bus in July with a 20% dilution for 12% of book - the very same instance that they should be giving out the TRW-divindend but "forgot" to tell the market that it's delayed - but NOW he's not going to throw us under the bus anymore?
Nah - if there is no TRW-loan we're screwed. He'll dilute us at an even larger discount to book (and make sure to reward himself for it). Heck, we don't even have ECAB to "protect" us anymore (well, ECAB didn't turn out to be anti-dilutive in the end after all, did it?)
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