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Sigh. Sure. There’s 7 banks or so in the lending group, each with 5 to 12 FTEs touching or reviewing this deal before funding. But sure, you’re smarter than th
by texasbigdata 4y ago
Sigh. Sure. There’s 7 banks or so in the lending group, each with 5 to 12 FTEs touching or reviewing this deal before funding.
But sure, you’re smarter than them all combined, they’re wrong and underwrote a faulty deal and you’re right, particularly when having no info on the post transaction capital structure.
- sbf501 4y agoThanks! I know a lot about a lot of things.
- texasbigdata 4y agoHumbleness foremost. You know you can short or buy a cds on the debt? Might be a nice thing to invest in at such a high level of confidence.
- sbf501 4y agoThat's exactly how I made my first million dollars in the early 1990's!