Wed 2008-05-07 00:00 EDT
The Institutional Risk Analyst: An Involuntary Transaction: Why BAC + CFC May Never Close
Involuntary Transaction or Why BAC+CFC May Never Close, by Institutional Risk Analytics; Reis and Flynn, False Security; historic resemblence to 1920s; BAC is unable to close the CFC transaction due to uncertainty regarding CFC liabilities; CFC debt holders urged to pull Chapter 7 bankruptcy trigger!
BAC; CFC; closed; Institutional Risk Analyst; Involuntary Transaction.