Author Topic: Gordon gets Krafty with Cadbury's  (Read 1290 times)

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Offline Uncle Mort

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Re: Gordon gets Krafty with Cadbury's
« Reply #15 on: January 21, 2010, 12:23:07 PM »
Banks get first dibs on the assets.

We dealt with Enron, still get the occasional cheque from the Receivers.

Offline Barman

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Re: Gordon gets Krafty with Cadbury's
« Reply #16 on: January 21, 2010, 03:21:43 PM »
I don't see a problem, Kraft are hardly likely to default on the loan so the interest earned is money in that, so to speak.

No, the bank has an obligation to its shareholders to make money and this is as safe a deal as any...

It is just the duplicity of those telling Kraft that they'll have to oe the line while lending them the money to complete the take over... is all...
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Offline Snoopy

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Re: Gordon gets Krafty with Cadbury's
« Reply #17 on: January 21, 2010, 05:03:45 PM »
I don't see a problem, Kraft are hardly likely to default on the loan so the interest earned is money in that, so to speak.

See also: Enron  noooo:

But wasn't that Nat West ....... who are owned by RBOS ~ Hmm I see what you mean. Should we tell Dippy that they also own Coutts?
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