Hi Rebels

But I guess it's difficult to found a sollution for this mess creating some years ago .

In their search for always higher and higher earnings many banks has closed their eyes .By creating junks stuff nicely packed and sold all around the world they were benefitting in the first time but now the balloon is exploded they need help everywhere.

If you look to the charts of many banks all over there is a huge amount of money just blow away.Gives an idea of their ridiculous behavior.Now they pay the price of their lending behavior and giving to much credit.But who's gonna pay for all that .

We all.

I've also been thinking about the Algar deal.Past year we were happy DG could arrange the financing for Algar but if he hasn't done that we were now not facing the huge interest to pay.Maybe if was smarter to upgrade POD 1 which was a smaller cost and later search for the Algar financing when things started to get better..JMHO.

We can only hope MRC has done some better then we are thinking.Anyway the market seems to value CLL at current point .