Rebane's Ruminations
May 2011
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George Rebane

Would you lend money to someone who already owes you more than he can repay, wants you to loan him more so he can use some of it to pay you the interest on what he currently owes (a la Madoff), and owns a printing press that is already printing his debt to you into oblivion?

HelicopterBen 

(If YES, then when would you stop?)

Posted in , , ,

3 responses to “You would? Really?”

  1. Michael R. kesti Avatar
    Michael R. kesti

    I would make those loans, as does China, as long as it remains the fuel of my economy. The minute that ends, however, I’d be calling in every note, as will China.

    Like

  2. David Greene Avatar
    David Greene

    Maybe then Todd Juvinall should pay back the bank for the losses they took with his failed business adventures?

    Like

  3. Todd Juvinall Avatar
    Todd Juvinall

    No failures here Enos/Pelline. You guys are a hoot.

    Like

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