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To: Carry_Okie

How do the police get involved in a Chapter 11? It would have to be a small bank to have to up interest rates on one loan. Public expense? How? Does the whole public become involved? People who bank there yes but everyone??? I doubt that. Courts are set up for this. It is legal and normal to have happen. Henry Ford went bankrupt twice before he finally figured out to stop making racing cars and build something people would buy.


36 posted on 01/29/2016 12:14:14 PM PST by prof.h.mandingo
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To: prof.h.mandingo
How do the police get involved in a Chapter 11?

Enforcement.

It would have to be a small bank to have to up interest rates on one loan.

Depends upon the scale.

Public expense? How? Does the whole public become involved? People who bank there yes but everyone??? I doubt that.

Oh really? The S&L debacle escapes your recall? How about the 2007 bailout? Sarbanes Oxley "too big to fail"?

Good grief.

39 posted on 01/29/2016 1:17:55 PM PST by Carry_Okie (The tree of liberty needs a rope.)
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