Hints and tips:
...“The dollar has been a currency of trust for Ecuadorean households, giving them a certain security and reducing levels of uncertainty,” he said. That’s why we’ve decided to protect the dollar.”...
...Toys R Us entered bankruptcy last September, buckling under $5bn of debt, a decade after it was taken private in a leveraged buyout by KKR, Bain Capital and Vornado Realty Trust....
...He also represented liquidators of the Bank of Credit and Commerce International, which imploded in 1991 owing more than £10bn to creditors and depositors....
...- FT Alphaville Is someone liquidating GLD? – FT Alphaville Vertical vertigo in ETFs - FT Alphaville A GLD contango strategy? - FT Alphaville...
...“If another creditor disagrees with either position, that creditor will have its day in court,” he wrote. ——————————————————————————————————–...
...But Mr Landers said: “Our clients are not terribly high on trust. Their view is that one of the reasons Madoff succeeded is because the government was asleep at the switch.’’...
...Liquidating a trust like Granite would, of course, be disastrous if not impossible. A more likely outcome might be some kind of restructuring....
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