How the hell did CFC manage to turn a profit? Creative accounting surely? Sponsorship by some unknown airline?
Edit: actually just read on the BBC that a debt of £166m was "turned into equity". Well that's OK then. I'm just off to call my mortgage company to tell them to not bother collecting any more payments as it's been turned into equity.
A man walks in a grocers; "Can I have that bag of sugar?" Shopkeeper; "Sorry that's not a bag of sugar it's just equity." Man; " I'll have it anyway you seem to be well versed in dilutions; that will go nicely in my tea."


