Friday, October 31, 2008

Credit Woes in the Heartland

Ethanol continues its shake out.

UPDATE: NYT story on Saturday: Verasun files for bankruptcy.

Also, an interesting drama is being reported from Illinois. Imagine this: Debtor gets into financial trouble. Debtor enlists the locals to help him conceal assets. Some locals defect when the bank starts asking questions. And then some locals turn up dead.

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