Re: Re: Bad Bank

#115011
Anonymous
Participant

Did they force you to buy the place and mortage it to much? Can’t see how a court case can get you out of that pickle but maybe the people that bought the “stock of loans”. The overvaluation never hurt you financially, probably the opposite since you could use it as a way to transfer blanco loans and the such to lower interest rates if you had room for it. I understand that everyone wants to transfer blame to someone else but blaming the “valuation” for you loosing money is probabbly futile if it wasn’t a clear strategy from the banks side.