they have closed their currency hedges at a 35 mil profit but are already seeing margin call on the loans - this is going to get ticklish and they really should have taken action months ago when the writing was on the wall.
now they have to sell assets or loans at a marked down price which is going to drop NTA a lot, but the alternative is bankruptcy - are we going to see fire sale prices ?
is this being capped ....., page-3
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