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Samson Oil & Gas Limited Message Board

  • ntc_bada_bing ntc_bada_bing Feb 28, 2014 1:39 PM Flag

    dcf_ferg, question..

     

    I want to make sure I understand you correctly..
    You seem to believe banks structure high risk loans like the one to SSN so that they will lose money if the company defaults. Then you also believe that in the event of a company default, they then hire an auction company which you believe will sell the said company's assets for 'pennies.' Considering this, is it your opinion banks intentionally structure their business and loans to lose the maximum amount possible? And they do all this for, in SSN's case, 6% interest... lolol!!!!!!!!!!!!!!!! You sir, ma'am, whatever, are beyond stupid.

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