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No sane person would lend money on an illiquid stock with no value what if the company went bust "sorry mate" tanks for the 100,000 loan hers some worthless pap
by C1sc0cat 7y ago
No sane person would lend money on an illiquid stock with no value what if the company went bust "sorry mate" tanks for the 100,000 loan hers some worthless paper in return.
- gamblor956 7y agoGenerally for illiquid stock banks require significant overleverage, but it is something they do quite regularly, especially for startups with perceived future value.