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Post# of 704019
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llgm

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llgm

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Re: Ace Hanlon post# 60565

Sunday, 01/05/2003 7:42:11 PM

Sunday, January 05, 2003 7:42:11 PM

Post# of 704019
From the little I know of banking, another factor leading to lending abuse may be the fact that a banker's compensation is based on the deals he/she closes, while there appears to be no penalty if a loan later goes sour. A second aspect is that on large financings (hundreds of millions - billions of dollars) the loans are syndicated and usually the exposure of the lead bank is relatively small compared to the fees that it earns.

llgm

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