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Wednesday, April 7, 2010

Floating loans from a boat on the Amazon River

The Asian Wall Street Journal recently had an interesting article (“A Banker Wades Into New Markets by Floating Loans From a Boat”) about a banker who floats loans from a boat that plies the Amazon River. However, I think we can assume that the only bailout this banker may need would be to occasionally bail water! The article is definitely an interesting read.

Mouths_of_amazon_geocover_1990

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