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Scary Meeting
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frytownfarmer
Posted 2/23/2017 12:01 (#5858044 - in reply to #5857693)
Subject: RE: Scary Meeting



Frytown, Iowa
Buehler - 2/23/2017 08:47

There was a guy that used to spread manure for us that was in the paper for filing bankruptcy.

He had $2.51M in liabilities and $168,000 in assets. I'm going to presume the bank had already repossessed everything that had any value, so I'm thinking that all had to be to dealerships, suppliers, customers maybe? That's a pretty big hickey for this part of the world.


Man! My banker gets nervous when I have 130,000 in liabilities and 168,000 in assets!!!
I'd like to have that banker!!!


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