Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: balch3

I don’t know how many banks there are in the US alone (I assume 1,000s) but how can any single company have enough collateral to secure a loan/or loans of that size?

If said company had that much in assets, why would it need to secure such a loan/or loans in the first place?


24 posted on 12/12/2014 10:17:04 PM PST by txnativegop (Tired of liberals, even a few in my own family.)
[ Post Reply | Private Reply | To 23 | View Replies ]


To: txnativegop

Not one company and not one year.


53 posted on 12/13/2014 6:56:45 AM PST by thackney (life is fragile, handle with prayer.)
[ Post Reply | Private Reply | To 24 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson