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Tom, PLEASE READ.....Re: Loan Market (White Giant)

Simcountry: Simcountry Bulletin Board  Tom, PLEASE READ.....Re: Loan Market (White Giant)

sfo Treasurer (White Giant)

Friday, June 13, 2008 - 01:45 am Click here to edit this post
Vicious,

Quote:

The premise of the original post is questionable: that there are unpaid loans outstanding to "closed corporations." I looked at my own loan portfolio and didn't see anything like that.



I went through every page of my empire and CEO loans and I have out close to 600T in loans. Out of almost 600(T) that went out I totaled 180(b) in loans to what are now "CLOSED CORPORATIONS". Just because you do not have any listed, does not mean I do not. I had never noticed them before, thus my alarm.


Quote:

It's been a long custom that the World Bank pays back the loans of closed corps, and of abandoned countries and CEOs. That way players don't lose money by lending it.



This is why I do not have the slightest problem anymore with World Bank loans being at a slightly higher rate. They are using the extra cash (I hope) to guarantee the failed loans of others.


Quote:

Considering the minuscule interest rate and the larger financial services fee, lending is not a viable business.




This is all I got to say about viable.....And this is just one of my CEO's....lol

Total Loans given to Others
315,245.00B SC$ Click to see history
Interest Received
97.46B SC$ Click to see history

Still seems pretty viable to me to make 100b per month in loan revenue for my CEO.

T

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