Wednesday, October 8, 2008
Tchenguiz carnage as he offloads stakes
Tchenguiz carnage as he offloads stakes
Kaupthing held the M&B and Sainsbury shares as collateral for its loans to Tchenguiz. Since running into liquidity problems the Icelandic bank has been anxious to raise cash through asset sales.
2 thoughts on “Tchenguiz carnage as he offloads stakes”
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japanese uncle says:
Don’t worry. Tchenguiz can survive this winter with his horse and pao.
yoyo1 says:
Everything he touches turns insolvent.