Monday, March 18, 2013

Real Risk

Ha! All the investment 'professionals' keeps harping on about risk and value at risk and volatility and mumbo jumbo like that - then again, mumbo jumbo sometimes works...

So here is a Chinese company which was lent money against its assets - which are far far away in the organisational structure. Furthermore, " The Chinese courts often ignore the pleas of foreign investors that are owed money."

I may not be able to follow this story but just a reminder - this is about Suntech Power, the world’s largest solar panel maker.

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