The leader page and portal of Broad Oak Magazine.
Please see the right-hand sidebar for our topic pages, which include links for further reading.
Thursday, March 06, 2008
They knew it was coming
Karl Denninger looks at the cash-rich balance sheets of non-financial companies, many of which could now pay off all their bank debts from the kitty. Whatever they may have been telling you, it looks as though they've been voting with their wallets.