Quote:
Originally Posted by Icky Thump
Can't even buy S&P puts or borrow S&P shares to short.
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I was told we didn’t need all the business credit lines. I was told there’s no need to bank with small local banks who’ll be more forgiving if this goes Thunderdome. “Go with a big one that has a great app!”
Well, I’m not feeling like I knew something special. But I am feeling like I’ve runway. And I am shocked at how many people have none.
My colleagues who don’t know how to work out obligations (it’s significantly about judgment-proofing the owners) are now playing distressed debt counsel and sending out invoices for this work.
If they’re working for small to mid sized businesses, they might as well wipe their asses with those invoices.
