Exxon fears Venezuela' PDVSA has nothing but debts?

Discussion in 'Economics' started by crgarcia, Feb 11, 2008.

  1. Venezuela' PDVSA has stopped sending financial reports to the credit rating agencies, and the SEC.
    So nobody knows how their finances are, really.

    So, Exxon fears that PDVSA has more debts than assets, despite receiving billions of dollars?

    Think about Mike Tyson and MC Hammer altough in a much larger scale.