08/09/17 21:44:27 baapxk8T0
I found another interesting article picking up "Horie mon's blog".
(He used to be Livedoor CEO and the accused/defendant now.)
URLﾘﾝｸ(www.j-cast.com)
He said that Lehman Brothers ran much more risks than bigger competitors.
So he took it for granted that they've suffered a heavy loss.
He also pointed out that all stock prices will going down for a while,
and it must put life into "Mergers and Acquisitions" soon again.
At last he emphasized the importance of "short-term liquidity" (手元流動性) at present.
That means "a total amount of cash, stocks and bonds which the company keeps".
Credit crunch makes its presence felt.
(Besides, short-term liquidity is necessary for M&A.)
I feel that world economy is gradually shifting from credit to cash/physicals.
USEN might be on this way as well.
I don't know if USEN may have something to do with Lehman Brothers or not.
But first they got their own problem on their finance.
And second they've done what they should have done.
So don't mind others, Magi.
You just keep on doing what to do.
It helps you always and at any time~