Posted 1/4/2016 22:09 (#5011586 - in reply to #5011054) Subject: RE: Working Capital 2016
East Troy, WI
Assuming the asset doesn't need to be devalued to a new clearing price (price seeking), then I suppose distressed assets sales are a form of rent-seeking. From an market efficiency standpoint, that doesn't seem wise.
But - from the banks perspective - they have to keep their own doors open, too.