http://ftalphaville.ft.com/blog/2007...ng-memorandum/
Sources indicated to FT Alphaville that under the various structures, while Rock is forecast to return to remarkably healthy profitability, existing investors will be wiped out and the Bank of England may be left holding billions of Rock debt through until 2010.
Sources indicated to FT Alphaville that under the various structures, while Rock is forecast to return to remarkably healthy profitability, existing investors will be wiped out and the Bank of England may be left holding billions of Rock debt through until 2010.
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