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Dec 25, 2024
3:57
:33
pm
cougarblue
All-American
Question for you finance guys (It’s a Wonderful Life)
Mr. Potter says that he would pay 50% on any outstanding note with the Building and Loan to put George out of business. How could Potter’s bank do that?
Doesn’t make sense to me.
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cougarblue
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cougarblue
Joined
Mar 1, 2001
Last login
Dec 26, 2024
Total posts
19,612 (39 FO)
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Messages
Author
Time
Question for you finance guys (It’s a Wonderful Life)
cougarblue
Dec 25, 3:57pm
He had more cash reserves?
P-Boy Squad
Dec 25, 3:59pm
What doesn't make sense?
RexIdaCoug
Dec 25, 4:00pm
Shares (deposits). Not 50% on the notes (loans). If someone had shares/deposits
Manti
Dec 25, 4:01pm
This. The building and loan was a cooperative more like a credit union than
UNLVcougar
Dec 25, 4:18pm
Makes more sense with shares. I thought they were trying to cash out notes.
cougarblue
Dec 25, 5:28pm
He's buying at a steep discount in a panic to obtain a controlling interest
Still Blue
Dec 25, 4:04pm
All of those people that wanted money from
The Chief
Dec 25, 4:09pm
Another interesting tidbit
The Chief
Dec 25, 4:10pm
Potter owns the bank and he was willing to take the loss to get
Cougrrrs Roll
Dec 25, 7:49pm
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