Replies to post #845 on Oasis Petroleum Inc. (OAS)

[Montanore]

"Much like consumer credit card (revolving) debt is also unsecured as opposed to mortgages and auto loans"

Yeah, it's not a LOAN--a credit card is unsecured debt and the banks love it when people keep paying the interest and not the principal. What many may not know is this: The banks create that money from thin air thanks to fractional reserve banking. Free money for them and if they encounter some deadbeat who can't or won't pay what is owed them, they simply write it off on their taxes. Then they sell the debt to sharks--the debt collector parasites, who then harass and lawsuit the non-payee into hell.

That won't happen here. The owners probably enjoyed their golden parachutes and didn't lose a dime.

At the very end, the common shareholders will lose.

[darron427]

I seriously doubt that the mortgage and lending industries in most of the modern world are a heck of a lot different than US lending given the fact that the Federal Reserve , European Banking system and World banking systems are all primarily controlled by the same Mega Billionaire owned corporations..

If you do your research , you'll find that 90% of all of the worlds media and news outlets are owned by 6 major international corporations who are controlled by world top elite from all corners of the globe must as is what's going on with the United Nations and Nato. It's all globalist controlled. I can't imagine how our lending laws would be a heck of a lot different than European, australian and most other because they're all controlled by the same people.

[I-Man]

And TuMaRu let me add as a former futures trader from 1990's, today, the US securities (Equities) markets, mainly due to total electronic trading, has been turned into a scenario worse than the actual Futures markets as far as volatility and should NEVER have been allowed to occur.

Yes BIG banks/Funds/Hands manipulate and control them and literally, the SEC filings, news, PR's, etc is a meaningless con on the general public, and mean nothing any longer as those "big hands" can make or break any market or stock at their whim; especially in shortsell schemes, and it needs to be curbed and integrity brought back into Equities markets again...

Just my 2 cents here...