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Re: dcsteve post# 84935

Tuesday, 09/27/2016 11:08:35 AM

Tuesday, September 27, 2016 11:08:35 AM

Post# of 333821

They do not issue toxic debt which would have caused many RS' over the last 5 years.


Toxic debt doesn't always lead to an R/S, and it's speculative to consider whether one might yet be forthcoming.

BIEL, for its part, most certainly is conducting toxic financing. I agree, it is how BIEL has stayed afloat - but that doesn't make it any less toxic in form and substance.