Sunday, Aug 10, 2008
Didn't HBOS profits plummet, and the rights issue bomb?
Times: HBOS to prop up builder
If HBOS, which owns 50% of Crest Nicholson, decides that it is unwilling to support the builder, its investment could be wiped out and the lending banks could step in and take control.
Posted by whostolemyendowment @ 05:14 PM (401 views) Add Comment
2 Comments
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1. Eternal Sceptic said...
Shakespeare:
Hamlet (1603):
"For tis the sport to have the enginer Hoist with his owne petadr".
snigger, snigger
2. paul said...
Ouch. Getting the lid slammed when your hand is so deep in the cookie jar must smart.
Shafted if they support it, shafted if they don't.