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That's the crazy part of the "free money" short term loans of the past couple of years. Did these companies not think that they'd need to be refinanced?
by Mountain_Skies 3y ago
That's the crazy part of the "free money" short term loans of the past couple of years. Did these companies not think that they'd need to be refinanced?
- coldpie 3y agoMore likely the execs know they can take their piece and then bounce when the check comes due. There's no downside, they can just move on to the next victim and repeat until they have enough money to retire.
- dylan604 3y agoWhen the interest rates bump up, that's not a per company thing. Where's the "next victim and repeat" opportunity going to be when there's no 0% available?
- londons_explore 3y agoWell we've had 2 decades of super low rates... Thats plenty to build up a nice big retirement fund...
- dylan604 3y agois retirement the next victim?
- michaelcampbell 3y ago"next"?
- mcmcmc 3y agoWhy do you think the acquisition of single family homes picked up so much? They took their war chests and switched investment vehicles