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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (82312)10/29/2011 2:46:57 AM
From: elmatador  Respond to of 218228
 
If you don't want to contemplate the reactions you need to keep doing it.

And alcoholics and junkies who do not contemplate the reactions and rehab die.



To: Maurice Winn who wrote (82312)10/29/2011 2:47:56 AM
From: Snowshoe  Read Replies (2) | Respond to of 218228
 
>>My experience as a creditor in the industrial markets of the oil industry<<

How did you handle deadbeats? Ever negotiate any loan restructuring, partial forgiveness, etc.

I had a friend who was hopelessly behind on his personal credit card and stopped paying. Bank negotiated a deal to write down 60% of the balance in return for a 40% lump sum payment. Advantages: bank got "something", friend avoided extreme collection efforts and possible bankruptcy filing. Do things like this happen in commercial lending?



To: Maurice Winn who wrote (82312)10/29/2011 5:01:42 AM
From: TobagoJack  Respond to of 218228
 
Portfolio went from +22% to -3% to +0.5%
Hyper, ouch, thank god.
Now we return to regular scheduled programming.
Whew.
The deserving gets saved.
Amen.