Roughly a third of the poems are about poetry, writing and the ups and downs of the low-rent literary life.
Unfortunately, the company has not performed well since then, causing its new owners to take significant write downs and renegotiate with lenders.
I suspect so because if they paid market value the banks would of had to take massive write downs.
Lloyds is facing having to take a further £20bn of impairments against its credit portfolios, while RBS could be hit by new write downs totalling £13bn.
Banking analyst Meredith Whitney argues that banks will not sell bad assets at fair market values because they are reluctant to take asset write downs.
In recent times, General Motors and other US Corporations have taken huge write downs on balance sheet assets resulting in massive losses.
Specifically, you inflated the earnings of Winston Ellis over 40% by burying certain write downs and deferred losses.
They show a history of bad loans and write downs on First State revenues.
For the year to 31 March, Control Securities announced a loss before tax of £196m (v £3.3m); the figure was influenced by asset write downs of nearly £250m.
Write downs by the domestically owned Irish banks are only now beginning to take place.