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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: R2O who wrote (33830)	3/17/2009 4:16:20 PM
From: Madharry	Respond to of 78998

IMHO among the more egregious omissions in the various financial statements that were issued over the years , was the lack of information about terms of various banking lending agreements in which ratings determined many of the borrowing base numbers, when the rating changed so did the borrowing base numbers and the overall line of credit. None of this info was disclosed to investors but remained the privy of those with inside information that was not publicly disclosed. This requirements accelerated many a bankruptcy, thus wiping out the poor unsuspecting investor.