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How was it 'settled'? No bank would walk away from a

Posted on: March 19, 2019 at 13:16:37 CT
Spanky KU
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loan when there are assets to take to recoup the monies owed.

Did you sleep through 2008-2009 'housing crisis'? Banks foreclose on the loans and take the property.
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You too can become a bilionaire - JG A - 3/19 12:50:01
     This thread is a classic read(nm) - tman MU - 3/19 13:48:57
          Ole JG knows how to double down on being an idiot(nm) - Ragnar Danneskjold MU - 3/19 13:58:59
          I know right. - JG A - 3/19 13:54:15
     I guess Scientologists are really bad at finance(nm) - *M* KC - 3/19 13:22:30
          dumber than dirt, doubled down. - Alferd Packer MU - 3/19 13:50:50
               No shortage of you - JG A - 3/19 13:56:02
     A very misleading piece (nm) - pickle MU - 3/19 13:15:47
     MYGOD, you mean a bank loaned him money after other banks - hokie VT - 3/19 13:01:26
     Loans don't show as an asset... they are liabilities that - Spanky KU - 3/19 12:51:47
          Why waste your time---better to teach your dog french - mu7176grad MU - 3/19 13:01:37
               Its a fact that a dog could learn more - JG A - 3/19 13:02:40
                    George, you are out of your league again....Just tuck tail - Spanky KU - 3/19 13:11:12
                         LOL the best part is the braintrust - JG A - 3/19 13:12:59
                              ^^^^ In ways, precisely like Trump..and doesn't know it. - GA Tiger MU - 3/19 14:02:09
                                   LOL no - JG A - 3/19 14:09:00
               Well the dog is considerably more intelligent so you would - DHighlander KC - 3/19 13:02:34
               JG acts like a poodle, so.... nm - hokie VT - 3/19 13:02:13
          So if I bought crap with the billion bucks - JG A - 3/19 12:53:05
               Here, take an unsecured billion dollar loan - MIZ45 MU - 3/19 13:46:53
               they call it a balance sheet because both sides are balanced - FootballRefugee MU - 3/19 13:44:55
               whew boy this is going to spur some mullet lash outs - Ragnar Danneskjold MU - 3/19 13:19:58
                    Can you guess the best part? - JG A - 3/19 13:55:42
               That’s not how the loans work (nm) - pickle MU - 3/19 13:16:40
                    I know. The way it works is you pay it back - JG A - 3/19 13:49:47
               So, let me get this straight. - Alferd Packer MU - 3/19 13:09:16
                    You couldn't get anything straight with a ruler(nm) - JG A - 3/19 13:13:27
               . - mizzouSECedes STL - 3/19 13:04:39
                    It obviously makes too much sense - JG A - 3/19 13:09:05
               Why would u buy crap? Just keep all the crap you post here - RHAYWORTH MU - 3/19 13:02:12
               The assets are offset by the liability (outstanding loan) - Spanky KU - 3/19 13:00:13
                    Which he didn't pay back dumberererer Azz - JG A - 3/19 13:01:32
                         lol there it is ULTRAMULLETMEGALASHOUT(nm) - Ragnar Danneskjold MU - 3/19 13:20:19
                              this can only mean... - FootballRefugee MU - 3/19 14:01:50
                         Still a liability on the balance sheet - Spanky KU - 3/19 13:09:53
                              They could have but they obviously didn't - JG A - 3/19 13:11:44
                                   It's as if you didn't even read the article you posted - Spanky KU - 3/19 13:17:48
                         Still a liability if not forgiven by debtor - mu7176grad MU - 3/19 13:06:11
                              They settled - JG A - 3/19 13:10:14
                                   Chap 11 is the friend of the RE promoter for sure - mu7176grad MU - 3/19 13:23:32
                                        There is no indication that debt was forgiven in any - Spanky KU - 3/19 13:31:16
                                   How was it 'settled'? No bank would walk away from a - Spanky KU - 3/19 13:16:37
                                        No bank would loan a cheat like Trump a billion - JG A - 3/19 13:57:27
                                             So.. I guess you are wrong - Spanky KU - 3/19 14:18:02
                                                  LOL damn - JG A - 3/19 14:25:14
                                                       Yep. Damn you are dumb! - Spanky KU - 3/19 14:26:59




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