GREY:AIIFF - Post by User
Comment by
MarlboroManon Aug 30, 2014 3:07pm
213 Views
Post# 22892860
RE:RE:obviously there is some out there that disagree with you ...
RE:RE:obviously there is some out there that disagree with you ...Truth,
How would a fire sale work? Selling assets that produce profit just takes that profit out of the picture. Maybe the debt goes down slightly but the assets are worth less than book.
There seems to be one inevitable road here and the lenders may get paid but vendors won’t.
The Brookfield vultures will have the bones picked clean.
Sad damn day when that happens.