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re: Toxic energy firms

Posted on 1/28/15 at 11:21 pm to
Posted by 8thyearsenior
Centennial, CO
Member since Mar 2006
4280 posts
Posted on 1/28/15 at 11:21 pm to
If prices stay low for a couple years a lot of banks are going to have to eat a big bite of the turd taco. It won't be pretty.

I've done work for a few on that list and I am not surprised they are on there. Repeating stupid decisions works when oil is priced so high that you can't lose but when margins get tight.....
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