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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 hsod on Thursday December 15, 2016 @12:41PM (#13186422)
What if am an expert who understands the pricing of loans and understands the risks, but I make a personal loan to a friend? Is it immoral to not try and pay it back then?

Isn't repaying your debts (or attempting to) morality 101 stuff? You made an agreement and received a benefit from your counterparty.

Just because someone thought you might default doesn't relieve you of your obligations. I lock my doors because I think someone might break in, that doesn't mean I've "priced in" my TV being stolen so it's OK to take it.

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Re:The bank lent me $2m so I spent it on strippers and cars by yequalsx on Thursday December 15, 2016 @01:15PM (#13186732)
The comparison to a locked house is not apt. It would be apt if I made an agreement with the thief that specified what happens if I willingly decide to leave the door unlocked.

When there is a contract it becomes civil legal matter and morality does not come into play.

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