Las Vegas Sands Plunges on Defaults, Bankruptcy Risk

This concerns our Singapore IR. If LVS really file for Chapter 11, our local banks will be in deep trouble because of loan repayment uncertainty - default risk.

From bloomberg

"Should Sands fail to raise capital ``we would need to immediately suspend portions, if not all, of our ongoing global development projects and consider other alternatives,'' the company said in the filing. "

Tml, the banks will experience a sell-off. Nvm, anyway gambling is a vice.