This. The building and loan was a cooperative more like a credit union than

Sign up, and you can make all message times appear in your timezone. Sign up

Report problem with this ad

Dec 25, 2024
4:18:34pm

UNLVcougar Truly Addicted User

This. The building and loan was a cooperative more like a credit union than

a bank but with a much smaller owner base than a modern day credit union, so buying all the shares was actually feasible.

This message has been modified

Originally posted on Dec 25, 2024 at 4:18:34pm

Message modified by UNLVcougar on Dec 25, 2024 at 6:31:27pm

Message modified by UNLVcougar on Dec 25, 2024 at 6:31:38pm

Report problem with this ad

UNLVcougar

Bio page: UNLVcougar
Joined: Oct 3, 2001
Last login: Dec 26, 2024
Total posts: 58,107 (2,312 FO)

Report problem with this ad

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

Dec 25, 7:49pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad