going to nothinghcg had a run on there capital. that is the basis of there leverage. hcg is a bank and has bank leverage.
hcg has a gross capital short fall.
hcg are making desperate deals at very high cost to raise capital. thereby putting at risk the new lenders which include pentition funds that are not at arms length.
hcg is selling assets cheap. they are desperate and need to be so
leamans went down on a run against there capital. if they did then hcg can and it appears will. management is even talking about a possible liquidation.
the real economics are that those who do not show the income that that the big banks like will be out of the market. we need stable funding for those who not meet bank income rules.
hcg is not to big to fail.