A/P article referencing CSE may be reason SFI down
so much today. Talks about specialty lenders and exposures to real estate, housing, finance, auto dealers. All areas that SFI is exposed to.... although SFI's auto dealer went BK and I don't know if they have any other auto dealer loans outstanding.
ferdi,come on you must know that SFI owns the physical plant for the dealers not the dealership. If the dealer goes under SFI forecloses on the facilities, most of whick are at less than70% LTV. Give it up or at least deal in the truth.