Re:Wirecard CEO exits as search for missing billions hits de...
by murph-almighty on Friday June 19, 2020 @10:45AM
(#23575023)
Honestly why do banks accept this collateral when underwriting a loan? Stocks are known to be volatile, aren't there more stable assets you should collateralize (e.g. inventory, real estate)?
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Re:Wirecard CEO exits as search for missing billions hits de...
by throwaway98797 on Friday June 19, 2020 @11:04AM
(#23575202)
Depends on advance rate. Loaning 20% of the value of the collateral seems pretty safe on average.