04-23-2009, 02:56 PM
Exactly my point. They gave the loan and then decided they are a bad risk. It is supposed to be the other way around.
I would have no issue with the goverment acting as a bank if they could collect when the covenants are broken. The problem is their are no lien rights with the loan. (You can get the lien rights off of the web site).
This essentially means that once again we just through some more cash down the drain.
Vllad
I would have no issue with the goverment acting as a bank if they could collect when the covenants are broken. The problem is their are no lien rights with the loan. (You can get the lien rights off of the web site).
This essentially means that once again we just through some more cash down the drain.
Vllad