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Bank gives loan, debtor can't pay, bank seizes assets? OK so the internal incentives and transfer for assets to their property investment wing were set up to m
by chillydawg 10y ago
Bank gives loan, debtor can't pay, bank seizes assets?
OK so the internal incentives and transfer for assets to their property investment wing were set up to make this process probably too aggressive, but fundamentally it's sound, surely?
- snovv_crash 10y agoYou missed the 'bank calls in entire loan when they think the business is least capable of coming up with money at short notice, eg after major equipment expenditure.'