回复：I miss judged FMD's short term business model.

来源: svll 于 2007-12-11 01:16:05 [] [旧帖] [给我悄悄话] 阅读数 : (405 bytes)
本帖于 2007-12-11 09:52:09 时间, 由普通用户 表情符号 编辑

This may be a good one to watch. Thanks!

Somehow I think the student loan default rate is only part of the puzzle. The lack of liquidity and the investor's increased expectations on return are also reasons. The fear is that FMD may not be able to finance their commitment to the banks with cash. That is chapter 11 situation. In the short term, it is probably a good idea to sit on the side lines.

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• there is no danger for bankruptcy for FMD, -longterminvestor- ♂ 给 longterminvestor 发送悄悄话 (508 bytes) () 12/13/2007 postreply 15:44:24

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