Wednesday, June 30, 2010 1:41:32 AM
Not a good situation to be in. I took a chance on the hype but didn't bet the farm like it sounds so many have. Hope it's not the case but enless someone can give me a better balance sheet we are screwed. One question i never followed up on was Dean saying the finacials would be out soon. How could any lending instutuition of credibility not need this before a loan of this size would be granted. And don't answer on potential revenews. This paper work would need to be solid and checked even if the bank lending the money was in on the scam. And I don't think banks today would take that risk today if they are legit.
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