Furthermore, one analyst speculated in the article that it seemed as if the feds wanted to force ABCW into the arms of a bigger bank. I thought that made sense. Why would they extend the credit 6 times in a row then suddenly not renew? ABCW seemed genuinely surprised it was not extended. Is there something in the works between the gov wanting ABCW out of their hair, US Bank looking to get assests on the cheap, and ABCW now off the cliff, kicking their legs like Wile E. Coyote, just waiting to fall?
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