The end of the beginning of the end
Hunter's Corner: The liquidation of CBL Insurance heralds the next stage in a long, messy clean-up.
Tim Hunter
Fri, 16 Nov 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Let’s get this in perspective. CBL is a train wreck. It is a bombsite, a corporate Dresden. It is a bulging, bloated marrow sliced open and spilling its pulpy rotten core into the steaming daylight.
Its shareholders have watched $747 million of market value turn to zero and its creditors face
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Tim Hunter
Fri, 16 Nov 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.