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Old 13-03-2012, 00:18   #65
mertle
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Join Date: Feb 2004
Posts: 2,134
mertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quads
Re: Companies going into administration

not looking good for premier foods 1bn in debt due to bank loan

http://www.bbc.co.uk/news/business-17345450

They say its good for businesses get loans expand personally it strangles them to long term debt high risks only takes recession banks start getting itchy.

Bank given them more time you can only imagine that jobs will go likely firesale to raise the funds.

Wonder how many other companies in debt to there eyeballs.
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