The LOL: Advanced Topics in Risk Management
April 13th, 2009
To read the comic, click here.
So I decided to run with the comedics a little while longer. Today’s comic is in response to a recent announcement by HSBC that they are going to try and sell three of their landmark buildings and raise additional capital through the sale of shares. A recapitilization attempt that doesn’t involve going straight to the government should always be encouraged over lining up for government handouts. I personally feel that the government should only have a role if all other alternatives have been exhausted, and it sounds like HSBC isn’t there yet.
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© 2008 Andrew Jarmon
