Hanging Out Inwards Madrid: The Broker-Sales-Pitch-Slide-Deck From Hell
I am hanging out amongst friends inwards Madrid together with they are telling stories of the bust. These are the form of guy who endeavor to empathize banking concern residuum sheets.
The best story though is Ciudad Real Airport - a truthful fiscal disaster due south of Madrid - an international airdrome that never took an international flying together with for which at that spot was no obvious use.
Influenza A virus subtype H5N1 patch dorsum the BBC reported the airdrome sold at auction for 10,000 Euro - less than 0.001% of the structure cost.
And maybe that was true.
But I am inwards possession of a pitch deck for the airdrome from the days brokers idea they mightiness recover to a greater extent than or less of the costs. It is perchance the funniest artefact I know of the bubble.
So hither is your "Strategic Airport Opportunity".
It is an "Unprecedented Opportunity to Secure Aviation Asset for the United States inwards Europe".
After all it has a ability station, burn station together with fuel depot together with is larger than whatever the United States base of operations inwards Europe.
There was "tacit regime approving for a the United States presence" which made yous wonder why a two-bit broker was selling this fine asset.
And the location was real strategic:
It appears to last a 2 hr flying from lots of of import places.
We are told at that spot is Standard Arabic involvement equally a majestic household unit of measurement rubber haven. It mightiness also last a practiced site for potential transoceanic abort landings for the infinite shuttle.
Just to brand this seem existent Transoceanic Abort Landings has an acronym: TAL.
And simply to gee-up involvement nosotros are told of other interest.
The the United States armed forces was reportedly interested.
Lehman Brothers was going to purchase it for $2.8 billion. Now the cost is halved.
And the Standard Arabic Royal Family volition probable purchase it if the the United States does non exhibit interest.
It seems that Castilian Airports are similar regional Chinese floor buildings - where working capital missive of the alphabet goes to die.
John
The best story though is Ciudad Real Airport - a truthful fiscal disaster due south of Madrid - an international airdrome that never took an international flying together with for which at that spot was no obvious use.
Influenza A virus subtype H5N1 patch dorsum the BBC reported the airdrome sold at auction for 10,000 Euro - less than 0.001% of the structure cost.
And maybe that was true.
But I am inwards possession of a pitch deck for the airdrome from the days brokers idea they mightiness recover to a greater extent than or less of the costs. It is perchance the funniest artefact I know of the bubble.
So hither is your "Strategic Airport Opportunity".
It is an "Unprecedented Opportunity to Secure Aviation Asset for the United States inwards Europe".
After all it has a ability station, burn station together with fuel depot together with is larger than whatever the United States base of operations inwards Europe.
There was "tacit regime approving for a the United States presence" which made yous wonder why a two-bit broker was selling this fine asset.
And the location was real strategic:
It appears to last a 2 hr flying from lots of of import places.
Just to brand this seem existent Transoceanic Abort Landings has an acronym: TAL.
And simply to gee-up involvement nosotros are told of other interest.
The the United States armed forces was reportedly interested.
Lehman Brothers was going to purchase it for $2.8 billion. Now the cost is halved.
And the Standard Arabic Royal Family volition probable purchase it if the the United States does non exhibit interest.
It seems that Castilian Airports are similar regional Chinese floor buildings - where working capital missive of the alphabet goes to die.
John
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