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Regulator78

03/01/10 3:06 PM

#56536 RE: private_wealth #56535

Private_Wealth,

I have heard the same thing as Billy. Problem is, I, and every other past due unsecured/undersecured creditor is going to do exactly what Billy said. We are all going to go after the cash. I hope they get the loan, but protecting it is another story. I dont know who in their right mind would lend to them under these circumstances.
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RDG013

03/01/10 3:10 PM

#56537 RE: private_wealth #56535

Well PW, if someone is willing to step in aand put up collateral that is not covered by the current loans to get us off the ground, it has the potential to help all of us, including those who already have loans O/S.
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billyboy11

03/01/10 3:10 PM

#56538 RE: private_wealth #56535

Were on the same page PW. They have borrowed a lot of money with no exit strategy.