Replies to post #15419 on Bergamo Acquisition Corp. (BGMO)

[Investman432]

Thanks. I've seen the old thrifts do pretty stupid things in real estate, and more recently in sub-prime mortgages.

Obviously, Hillard is persona non-grata in any major bank -- he's defaulted on several loans, is in litigation with last three creditors, his company has unaudited invented financial statements and no verifiable business or no assets in USA, he pals around with fast money brokers like Newby. What would a loan officer base a loan on?

I've shared my opinion about what's going on, but don't see anyone else giving an alternate more positive view, with the exception of Silver who is hoping against all odds for a miracle.