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Old 07-07-2016, 01:17 PM   #583
taxwonk
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Join Date: Mar 2003
Location: In a teeny, tiny, little office
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Re: I used to be disgusted, and now I try to be amused.

Quote:
Originally Posted by ThurgreedMarshall View Post
Yeah. This is tiresome.

You want a big bank to bid on a billion dollar financing in multiple tranches. $300 million at 4%, another $100 million at 3% with smaller banks, and $50 million at 2.5% with even smaller banks in the syndicate. Why would a bank do this for the same credit? Are we forcing Borrowers to structure the loans with different types of collateral every time to take that into account?

Whatever. This conversation is silly. Join me and Sidd and PLF over at the bar where we can all talk about Hank behind his back. Crap. Hold on. It's Moth night.

TM
They have spray for moths.
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