LennyLichtenstein

Sheldon Adelson's Losing Streak

Felix was speaking to the ability to refinance debts. CIT is profitable today but may not exist tomorrow due to inability to refinace debts. Liquidity and solvency are different things. LVS may experience a liquidity crisis that sends the company into bankruptcy.

"What we don't need," you said. If you have a position you should disclose it. There is no problem with Felix's article.

Disclosure: Long CIT. No position in LVS