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EC Nebraska | Information that comes from CHS reports is public knowledge and should be reliable. I expect that someone will spend the time with their next few reports to figure out how much ZFS paid for the debt. So that will come out eventually.
I'm not trying to be hard on ZFS, I expect them to be a competent business who is taking advantage of a business opportunity. And it may well be that CHS will come out ahead this way vs. trying to hang Boersen out to dry. So that would be good for CHS and thus for me.
But when people like Boersen screw over their creditors the way it appears he was doing, and thus threaten the financial stability of my local coop and may reduce my local dividend, that ain't right either!!!!
I don't know whether CHS or Boersen was more to blame for getting into this situation. That's one of the things I want to learn by participating in these conversation. But if it may directly affect my bank account, then it certainly is my business. | |
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