Replies to post #181 on Gladstone Investment Corp (GAIN)

[bar1080]

How could you know about the quality of loans a BDC makes? You can't, and that's the big problem. We learned that many of the oldest banks were making garbage loans in 2009 and had to be bailed out.

No one's bailing out pissant BDCs that have become more leveraged than ever... under the new regs. You get high yields in these because of the high risk.