What is happening was slowly going up, past week down 25% Good entry or further down.

I hope the Septics get the $700 billion loan through in the next few days otherwise I can see the FTSE tanking.

Update on restructuring process

On 30 July 2012, hibu plc announced that as part of the process of addressing its capital structure, it was seeking to form a co-ordinating committee of lenders.

hibu has now formally constituted the co-ordinating committee of lenders with the following members:

Alcentra Limited

GE Corporate Finance Bank SAS

Gruss Asset Management LLP

GSO Capital Partners

QP SFM Capital Holdings Limited

The Royal Bank of Scotland plc