Replies to post #7834 on Futuris Company (FTRS)

[Siforus]

I like how the public media figures keep getting bigger..It's a blank check. Just like in any disaster the numbers just keep rising.
Financial institutions will make a killing off this new debt.
BP's the collateral. Rumor has it PetroChina may be the beneficiary.

BP wants to move quickly to raise cash because of concern its ratings may be downgraded, boosting its borrowing costs, the paper said.“We need to have an unusually strong cash position,

To try and imagine the flow of this new debt is mind boggling.
As the desperate and weakened victims are led to believe only so much free money is available the banks will begin to distribute low interest loans to all who dare sign on the dotted line.
Problem solved. The media eats this stuff up.

EVXA is about to create some new wealth....
That Tattoo scabbing up yet>>>LOL