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JanHendrik's picture
That was it

Liquidity became too small:

http://biz.yahoo.com/bw/071206/20071206005638.html?.v=1

Well, I wish them the best...poor Mohnish :)
By JanHendrik at 2007-12-06 13:42 | Stocks | DFC | JanHendrik's blog


Heads I win; tails, I don't lose much :)


Laughing

That was fastWink
By GordonGekko at Thu, 2007-12-06 14:21 | login or register to post comments

Hahaha yeah Mohnish

Hahaha yeah Mohnish definitly got this one wrong.

I still believe that the failure was entirely related to external effects rather than mismanagement. In a way, I feel sorry for the Miller family. Let's see whether they will continue to manage Delta through the restructuring.

- Jan
By JanHendrik at Thu, 2007-12-06 17:11 | login or register to post comments