PPRuNe Forums - View Single Post - Norwegian burning cash!
View Single Post
Old 20th Oct 2017, 08:53
  #22 (permalink)  
Smooth Airperator
 
Join Date: Jul 2009
Location: Coast to Coast...
Posts: 199
Likes: 0
Received 0 Likes on 0 Posts
Picked up a book about the subject from the library when I was about 10, does that count?

I understand the parallels (albeit in very basic terms) but we do live in an age of super complex financing deals that have one goal in mind...to mitigate direct financial risk. Combine that with group structures and offshore entities (all things that didn't exist back in the 1970s), does anyone here truly understand Norwegian's financial status considering they own 20% of a bank?
Smooth Airperator is offline