GREY:ROAOF - Post by User
Post by
OPFundon Feb 17, 2009 5:25pm
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Post# 15784623
write off $17 million
write off $17 millionOne client,
Oilexco, went
bust, leaving Transocean with no choice but to write off $17 million of related bad debts in the fourth quarter.
https://www.fool.com/investing/dividends-income/2009/02/17/theres-nothing-treacherous-in-transoceans-path.aspx