Screw the Dutch, they said. This will put the fear of God into
everyone down on the Street.
You should expect further 'contingency planning' by our feckless
guvmint to follow, soonest...
(never just one cockroach...)
..
..d
Carlyle Fund Expects Assets Will Be Seized
By JULIA WERDIGIER
Published: March 13, 2008
LONDON -- Shares of Carlyle Capital plunged on Thursday, losing most of
their value, after the company said it expected its lenders to
promptly take over all its assets after discussions with banks to
refinance the fund failed.
Carlyle Capital, an Amsterdam-listed affiliate of the Carlyle Group,
the private equity fund, said it "has not been able to reach a
mutually beneficial agreement to stabilize its financing." Its shares
fell more than 70 percent Thursday. They have fallen more than 90
percent since the company's problems became public last week.
- more -
http://www.nytimes.com/2008/03/13/business/worldbusiness/13cnd-carlyle.html
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