Posted Mar 6, 2016, 11:42 PM
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Registered User
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Join Date: Jan 2008
Location: La vraie capitale
Posts: 23,613
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Quote:
Originally Posted by caltrane74
Some big names in the oil sector going on the "watch lists" of the big banks, meaning loans to these companies are in danger of going into an impaired status, where the payee is likely to have trouble keeping up with loan payments, and one level before default status, where the bank calls the loan, endangering a company with bankruptcy.
http://www.ctvnews.ca/mobile/busines...ists-1.2805783
As usual, my objective here is to determine how to best profit of this situation..another week like last week would be amazing... |
I assume that if that happens, we'll see some of those big names being put up for sale?
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