<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Shareholder:
I'd just be curious to know what realty company takes Diners Club? </font>
LAOCA was correct, the $22K was in Fees only (the realestate cost AUD$2 million . Diners would (I dont think) allow anyone to charge $2 million without security. We gave Diners a bank guarantee for the amount (prior to settlement) and settled the account in full the day the charge appearing on our account (which is - in part - why we got a low rate). Diners then returned the Bank Guarantee.
Bond and Skase were "highlights" of a greedy 80's. I guess we could point to the Enron situation to highlight the way it is in the USA. BTW The biggest lenders to Bond and Skase were US Banks!