It worked, and the bond was successfully floated.
BC Partners successfully floated estate agency chain Foxtons for £649m, and the shares gained 20% in their first day's trading in September last year.
The Internet site that conducted the investigation, www.tehelka.com, boasted today that its reporters had successfully floated what it called "a fictitious company flogging nonexistent thermal imaging binoculars".
The collapse of the branches sale comes just days after RBS successfully floated its Direct Line insurance arm, which was also demanded by Brussels as a condition of the £45bn injection of taxpayer funds.
"Nevertheless, with a GDP (including North Sea oil output) only slightly below that of New Zealand, a developed economy and developed financial system, there is no fundamental reason why Scotland could not successfully float a currency".
He reorganized the army and worked to restore national morale; he successfully floated two bond issues that permitted the war indemnity to be paid off in 1873, thus ending the German occupation ahead of schedule.
In public at least, MiliE has seemed to successfully float above any fraternal tension – but as he has caught up with his big brother, the latter's demeanour has turned noticeably brittle, as if the surreal nature of his possible fate has finally got to him.
The magic upon which Facebook, Twitter, LinkedIn et al successfully floated over the past four years seems to be dissipating.
