another sale, page-3

The Count,

The banks really are not worried to much about what is left for shareholders ....unless they are shareholders themselves.....

Some banks are shareholders, and some are not, and some are worried about themselves, and some are not.

The worried banks will be repaid in full by property sales and rollovers ( money put up from other banks ) and a point will be reached where property sales abruptly stop as all prties are comfortable at that point.

Maybe.

It is also possible that these peicmeal sales may end upbruptly and a very large % of properties are sold in one go - management have alluded to possible suprises in this vein. If this happened CNP's debt issues would be over.... if they are not already.

Blastoff