The Australian arm of Bridgecorp has been placed into voluntary receivership.
I know exactly what this means since, ironically, I'm taking Corporate Finance this semester and we just covered insolvency. Hope is not lost, but there is nothing I can do except wait and hope -- not just that the administrators know what they're doing, but that the projects Bridgecorp on-lent my money to succeed and thus help keep Bridgecorp afloat.
That's what you get for taking your eye off the ball, Martin..
That's what you get for taking your eye off the ball, Martin..
No comments:
Post a Comment