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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: re3 who wrote (71346)10/22/1999 11:37:00 PM
From: Ken98  Read Replies (1) of 86076
 
Ike, Ashanti can rest assured in that they are getting the highest quality, unbiased advise possible:

<<Ashanti is being advised by Goldman Sachs and Lonmin by Morgan Stanley Dean Witter.>>

biz.yahoo.com

Something about the fox and the henhouse comes to mind....

My guess is Ashanti will be screwed to the maximum extent possible which would probably be something like a liquidation of the company to Barrick for pennies on the dollar, shareholders zeroed out and some arrangement to put new gold on the market.

If the Ghana government were smart they would just give the finger to the bankers and tell them to come sue for the money, the friggin bankers got them into the mess in the first place.
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