Saturday, May 17, 2008

The Market Goes South, All The Way To Texas.

That old saying about hubris preceding nemesis came to mind the other day when I read that Tom Hicks' business plans in the US have been hit by the credit crunch ( ).
The situation in the States has forced Hicks to abandon plans to build a themepark development linked to his baseball & NFL franchises in Dallas. However, any Liverpool supporters who view this news as a sign that DIC are waiting to step in had better think again. The credit crunch has forced many businesses to revise or abandon future projects. DIC will be no exception.

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