Wednesday, Mar 19, 2008
I wonder if JP Morgan are looking at this one too
The Times: Thornburg teeters on the brink for $1bn
Thornburg Mortgage today made a last ditch attempt to stave off bankruptcy by agreeing a deal with its key creditors, including the recently rescued Bear Stearns, that gives them the option of buying about a quarter of the company for a fraction of its market value.
Posted by titaniccaptain @ 05:59 PM (526 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.