4 ms·
To allow the bond sale before they had a cash infusion basically flushed the business. I wonder if board of directors had an understanding of how it would deton
by landemva 4y ago
To allow the bond sale before they had a cash infusion basically flushed the business. I wonder if board of directors had an understanding of how it would detonate the balance sheet. After that, the regulators took the obvious necessary action.