brewer12345
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Mar 6, 2003
- Messages
- 18,085
I guess it wouldn't occurto me to walk away because it was financially attractive to do so because I would never willingly put myself in that leveraged a situation. I would walk away and stiff the lender if it meant being able to take care of my kids, though.
As for why anyone would invest in a bank, well, not all banks are created equal. Some actually remembered all that stuff about the "four C's" of credit and underwriting and stuff. Those who forgot about all of that probably won't forget again for at least the next decade, assuming they survive.
As for why anyone would invest in a bank, well, not all banks are created equal. Some actually remembered all that stuff about the "four C's" of credit and underwriting and stuff. Those who forgot about all of that probably won't forget again for at least the next decade, assuming they survive.