Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Well, they could do what the entire Canadian market has done ie Companies can bung that part of their gross revenues which is in excess of "costs" into a legal wrapper and sell them off to investors in the form of "units".

So that investors get their hands on revenues BEFORE the management does. It makes the investment far less speculative.

Bugger trust law of course - a wrapper based upon French jurisprudence is better (Three Guesses what that could be), except the French haven't woken up to it, eh Jerome?

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Fri Dec 22nd, 2006 at 09:31:14 AM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series