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02-06-2007, 06:05 PM #111
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my guess
...Providing interest free loans to Iraq since November 2004!!!
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02-06-2007, 06:07 PM #112
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02-06-2007, 06:08 PM #113
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02-06-2007, 06:10 PM #114
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02-06-2007, 06:12 PM #115
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02-06-2007, 06:12 PM #116
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02-06-2007, 06:12 PM #117
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Shotgunsusie. Do you have any take on RollsRoyce's information. Inquisitive minds with shallow pockets want to know.
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02-06-2007, 06:13 PM #118
Thnx, if this is the case, it's a no-brainer......wrap up the current legislative issues, and we're almost home.
I'm also thinking the Ernst&Young audit will play into this.
If iraq has requested a new par value at the mid-May Art IV meeting, then I suspect the outcome may rest on the audit results. I would also suspect that a new LoI was presented at or around the time of the Art IV meetings, leaving Shabibi an approximate 2 week window to pull the trigger, so to speak.
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02-06-2007, 06:15 PM #119
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SGS did you wake up to reality yet...or are you still lotto dreaming? Thought for sure i was rich after last weekend.
Use common sense...the world may just start look different....its always fun to dream...and you never know they may come true ONE DAY
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02-06-2007, 06:18 PM #120
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Extremely logical and sensible post! I concur that the audit will play a part in the overall outcome. Also consider the DFI is still not in the GoI's control, so all petroleum profits are still routed to the DFI. If the oil companies are allowed to go into the country before the HCL is passed the DFI account gets larger and larger...it will be interesting to see how that part plays out. I am anxious to see how the Article IV discussions turn out.
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