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October 17, 2005
In more other matters - When Investment Proposals Give You an Odd Feeling
I just finished the English language summary of a moderately lengthy investment proposal for the potential future exit, a gift as it were.
The odd item about this was a small thing buried inside with respect to a housing development in Kirkuk (a portion of the plan), and a queer little phrase allowing the regional authorities (not the national authorities, odd turn of phrase and one significant in context) to take over, for due market consideration, for the housing of soldiers and security officials.
In this one little sub-paragraph I rather realised the housing proposal is actually not what it purports to be.
Posted by The Lounsbury at October 17, 2005 01:24 AM
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Perso Biz Notes
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Comments
Peshmerga barracks? It's not hard to see why you're not buying dinars on the expectation of a massive rise in valuations.
Posted by: Dubaiwalla at October 17, 2005 07:00 PM
