Tuesday, September 28, 2010

"We're Back" - Part II: "Back to the Future"

Two Unnamed Lenders Unsuccessfully Attempt to Retrieve Their Loan

We're back indeed!

Seems Limitless needs another six months

Guess lenders should have figured out that when the borrower's name is Limitless, there could be all sorts of related problems with amounts and repayment.

I can't wait for the sequel.  This plot has got at least a couple more runs.

2 comments:

Laocowboy2 said...

How to avoid one of those messay and embarassing restructurings (and provisioning)? I know! Extensions (lots of them).

I can never remember those old measures or rods and perches but how many extensions does it take to make up a restructuring?

Abu 'Arqala said...

LC2

If one counts carefully and doesn't keep track, I believe the number if infinite.

Don't forget bond exchanges.