4 ms·
Is it really that good of a risk profile? Some of these assets they are writing against are pretty volatile. I would not write a low interest loan against TSL
by chung8123 2y ago
Is it really that good of a risk profile? Some of these assets they are writing against are pretty volatile. I would not write a low interest loan against TSLA shares or commercial office buildings.
- PaulDavisThe1st 2y agoWhat do you think the borrower did with the $hundred-M that they borrowed? There's only so much you can blow on intangibles. Should there be a major write down in the value of the asset, chances are not bad that there are tangibles to reclaim.