Replies to post #33035 on Chemtura Corp (fka CHMT)

[jaxstraw]

Throughout the K&E invoices (around pg 1063) they refer several times to 'Swiss overindebtedness'.

Pulled this from the internet.....

The term over-indebtedness is used to describe debt which has become a major burden for the borrower.

Deloitte AG is a Swiss firm.

Connection ???

Then again this is an excerpt from their company website which would link with Chemic's view of keeping an eye on them.

http://www.deloitte.com/dtt/section_node/0,1042,sid%253D174839,00.html

and this (note the 'chemicals' heading )

http://www.deloitte.com/dtt/article/0,1002,sid%253D70914%2526cid%253D190719,00.html