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Remember the word 'loan' designates a debt instrument. It needs to be paid back. If you don't have the capital to secure the loan (and pay it back), no -- you
by danesparza 13y ago
Remember the word 'loan' designates a debt instrument. It needs to be paid back. If you don't have the capital to secure the loan (and pay it back), no -- you shouldn't get the money.
- bob13579 13y agoFisker and Solyndra and several others couldn't pay back their loans. The government didn't arrest any of them and didn't take any of their personal assets. The debt was simply discharged.