Olam too big to fail?

Olam is raising $1.25b in a bonds and warrants issue exercise to strengthen its liquidity position. Temasek Holdings, its major shareholder, has pledged to pick up all remaining bonds and warrants that are not taken up in a show of confidence or a show of faith. Muddy Waters is still holding on to its position that Olam is over stretched and is a risky bet. Several analysts and brokerage have