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Xstrata's founding 35% shareholder Glencore, a privately held trading firm, lacks the cash to take part in the $5.9 billion rights issue.
Given that Bear held trading contracts with an outstanding value of $2.5 trillion with firms around the world, "we were talking about the possibility of a global run on the bank".
Worse, outdated securities regulations created artificial shortages of shares in some companies and held trading volumes down.
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It is possible to imagine a re-run of 1992, when French farmers held trade talks hostage.In other areas, French protectionism is baffling.
Indeed, they are highly engineered products, with each company keeping its particular curing temperature, tread design and cocktail of rubber compounds a closely held trade secret.
Portland's general manager, Kevin Pritchard, held trade discussions for Vince Carter and Richard Jefferson but played out the season without making a move for them.
A great deal of trust is placed in this filtering process and the actual formulas used by search providers are closely held trade secrets.
Much of the information needed to compromise its security presumably resides in the form of tightly held trade secrets that only Apple knows.
Goldman agreed to stop holding trading huddles.
But because Big Sugar is politically ruthless, it has the power to hold trade hostage.
The United States and the Soviet Union have tentatively agreed to hold trade talks in Paris from April 24 to 26, a United States Embassy spokeswoman said today.
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