A Bank makes a bad Business start up loan then transfers that liability to the public through the issuance of Public Common Stock 08 10 2015
The banks debt is paid off by the proceeds and then over a period of stretch out time the value of the Publics Stock goes to Zero.
Is the reality that the Bank already knew at some point it would be a bad loan or they would not have had stock issued? When does a bank have constructive evidence of that? Perhaps many years or decades before the stock offering?
That has to end.
Thomas Paul Murphy
Copyright 2015
The banks debt is paid off by the proceeds and then over a period of stretch out time the value of the Publics Stock goes to Zero.
Is the reality that the Bank already knew at some point it would be a bad loan or they would not have had stock issued? When does a bank have constructive evidence of that? Perhaps many years or decades before the stock offering?
That has to end.
Thomas Paul Murphy
Copyright 2015
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