Thursday 11 September 2014

Doubling Down on Nonsense!

So the pretense to analysis by business reporting in the Daily Nation continues. My views on this are, I presume, known. As a financial institution, you simply cannot be borrowing so as to meet some regulatory capital requirement; you can only be able to borrow if your regulatory capital requirement so allows. But guess what, some reporters and/or editors at the Daily Nation will want you to think so.  Incredible!

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