Re:The bank lent me $2m so I spent it on strippers and cars
by dgreensp on Thursday December 15, 2016 @10:55AM
(#13185398)
I don't think whether or not everyone knows the consequences is relevant. You can work out the purely legal or administrative downsides (to you) of lots of things.
[ Parent
| on HN ]
Re:The bank lent me $2m so I spent it on strippers and cars
by yequalsx on Thursday December 15, 2016 @11:09AM
(#13185555)
It's relevant in the case of defaulting on a loan. Both parties in theory know the risks/consequences and, in usual circumstances, willingingly agreed to the legal framework of the loan.