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Old 06-08-09, 01:17 PM   #8 (permalink)
david austin
 
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Join Date: Nov 2004
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Re: Lets talk about precedents...

Quote:
Originally Posted by joel View Post
or maybe you just like screaming that the sky is falling and there is actually a perfectly reasonable explanation that you're too blinded to see?

playing the devils advocate here
The precedent here is ability to secure investment both domestic and foreign.

This isnt about the sky falling lol... Look at the bigger picture and outcome from such a staunch opinion dealing with writing off any ability for a company to fight for its part of the pie through arbitrage.

As a lender would you choose to invest when if in the worst of economic conditions you could easily have no recourse... even with the highest of courts.

What I am getting at here is how the double edged sword can easily cut swaths of unintended circumstance.
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