Glencore shares tumble on concerns over commodity prices

September 28, 2015

Share market sheds $56 billion as commodities tank; Glencore crash shakes resources

“Despite carnage for local mining and energy stocks, nothing in Australia matched Glencore’s near 30 per cent plunge in London overnight and a matching slump in Hong Kong on Tuesday.”

http://www.ft.com/cms/s/0/2eea3106-65c2-11e5-9846-de406ccb37f2.html#axzz3nF0bJ7T6

March 27, 2014

A Nasty Corporate Divorce With Insults Traded

http://dealbook.nytimes.com/2014/03/27/a-corporate-divorce-as-seen-on-twitter/?_r=0

June 8, 2015

Rothschild sells Asia Resource Minerals stake

http://www.ft.com/cms/s/0/f710e518-0da6-11e5-9a65-00144feabdc0.html#axzz3nF0bJ7T6

GW:  Jac Nasser he is not.  The trouble with Glencore is that “with less than $US3 billion in cash and roughly $US30 billion of debt on its balance sheet it has “always held very little cash on the sidelines relative to the size of its business operation for a rainy day”.”

Thanks to UK Column for the heads up about Glencore. 

UK Column News 30th September 2015 Pt 1of3

https://www.youtube.com/watch?v=CdgbuK4nsWk&index=1&list=UUPBCAzThOsJvuVrykYPCdzQ

Full Sweat available at GeorgeGreekTrucker

The takedown of Glencore and Volkswagen

https://www.trunews.com/tuesday-september-29-2015-jim-willie-pt-1/

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