NetBank(NTBK)-formerly Atlanta Internet Bank Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mike Milde who wrote (1026)	10/28/1998 2:21:00 PM
From: Elsewhere	Read Replies (1) of 2414

>Wouldn't loans for office equipment be very high risk? I am not a banking/leasing professional but IMHO loans to small businesses are not that risky. Owners of small businesses have a reputation and their job to lose whereas big companies sometimes waste billions and nobody cares. >What is their goal for a mix of high and low risk loans? Net.B@nk is controlled by the Office of Thrift Supervision (OTS) and has always fulfilled all requirements and is very likely to continue to do so. The management has decades of experience in the banking industry. Heck, if I knew it better I would found my own Net.B@nk ;-). It's an "open field running" endeavor, and what happened in Q3 makes it difficult for any competitors to join the race, bad IPO market... Jochen

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next