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A comment on The bank lent me $2m so I spent it on strippers and cars. Parent comment

Re:The bank lent me $2m so I spent it on strippers and cars by 1024core on Thursday December 15, 2016 @12:33PM (#13186357)
> That contract would have included clauses establishing liability for overdrafts

Maybe the contract did not include such a clause? There's a reason why he got acquitted in the end.

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Re:The bank lent me $2m so I spent it on strippers and cars by nathanm412 on Thursday December 15, 2016 @01:24PM (#13186807)
He was acquitted because they charged him criminally instead of in civil court. He should have had collections go after him while he deals with wage garnishments, not jail time.
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Re:The bank lent me $2m so I spent it on strippers and cars by bryanlarsen on Thursday December 15, 2016 @01:22PM (#13186794)
He got acquitted of fraud. That doesn't mean he's still not liable for the $2M unless the bankruptcy court relieves that liability.
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