Quote:
Originally Posted by Peter_Spaeth
That's why I am thinking a rational hedge fund did not make these loans, Brent did or at least took on some significant risk and did not do proper valuations. We need to find someone who borrowed and see what the arrangement was.
|
Perhaps they valued the cards for what they sold at when PWCC was shilling to reach a fake end result, not what they could honestly sell them for when they needed to do so.