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re: CR Tweeting alot about the LSU-TCU game
Posted on 9/1/13 at 11:34 am to whodidthat
Posted on 9/1/13 at 11:34 am to whodidthat
quote:Wanna know how I know you know nothing about risk return /banking / financial securities / money lending /etc?
A small risk for a 20k loan that has to be repaid regardless. Maybe his dad has the money anyways. Players families get loans like this all the time. It's definitely worth the risk considering the potential. Hell they give out 200K loans to restaurants and the majority are closed in 5 years. I never said bankers make great decisions. These risks are smaller compared to others they take
1
Posted on 9/1/13 at 1:05 pm to That LSU Guy
quote:
Wanna know how I know you know nothing about risk return /banking / financial securities / money lending /etc?
I'm no banker, but a 20k car loan is pretty easy to get for any grown man with decent credit.
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