Las Vegas Sands plans to raise $2.14 billion to mantain liquidity. Hmm somehow I am very uncomfortable with this proposal. Sands has problem trying to fullfill the loans' covenant. This is a big problem, failing to solve this will result to the final road to bankruptcy. But although i am not very happy if Las Vegas Sands fails the fund raising, it nevertheless brings opportunity for us. Capital Land and Government's Temasake Holdings have the capability to continue the Integrate Resort which will thus likely increase its value. This is a safe bet.. If Sands manage to scrape through, placing money in a blue chip company is worth it. If it doesn't you can see ur money grow quite substaintially by 2011 :P
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