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Talked to a banker.....
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Dave Cen.Ia
Posted 1/23/2015 10:41 (#4332294 - in reply to #4331918)
Subject: RE: Talked to a banker.....



Nevada, Iowa
That was just part of the equation. You borrowed 100k and owed 120K on something that was now worth 60K. Interest was one of the catalysts but some may have survived that had the implosion stopped there.
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