PDA

View Full Version : Reddam Racing dispersal on the horizon?


spiketoo
08-14-2018, 07:35 PM
Just wondering, tho I guess the income from his existing loan portfolio would cover Justify's sale price including the bonus for the TC ($90M or summin?).

I'm all for laissez faire economics but I just have a sore spot for CashMaul. Just becuase you can doesn't always mean you should. Course , I also have a dream about 'compassionate capitalism'...

CashCall Inc. appears to have shuttered its consumer-lending business, perhaps marking an end to a groundbreaking and legally fraught 15-year run of offering high-interest loans.

http://www.latimes.com/business/la-fi-cashcall-loans-20180814-story.html

Not sure if its a paywall or not - my RSS feed links w/o issues

airford1
08-15-2018, 10:47 AM
Or they have moved on to Real Estate loans.

HalvOnHorseracing
08-15-2018, 07:07 PM
I have it on very good authority that Reddam has no plans to disperse the stable.

spiketoo
09-02-2018, 11:04 AM
I like the last couple of paragraphs.

Perhaps IHA also stands for 'I'll [just] have another [company].

http://www.latimes.com/projects/la-fi-reddam-cashcall-loanme/