09-13-2019, 12:52 PM
(09-13-2019, 12:39 PM)bfine32 Wrote: It is exactly why I keep saying we would have to show intent. Stating a reason other than your actual reason for having America assume the financial risk (as you asserted as a possibility) would be more easily associate with fraud than simply over-estimating your profits. I appreciate your expertise in the field but business finance is not something I'm ignorant of.
Except the loans were already guaranteed by the federal government. Meaning what? Meaning "America" already assumed the financial risk, not the private lender. Because the lender was guaranteed to recoup their money from the federal government if the borrower failed to pay.
