RE:RE:Both Warren Buffet and Ross Healy Looked At Balance Sheetthe massive overcollateralization was because they simply replaced the first LOC-wanted to save money with the lower rate, no up front fee and it came with immediate equity- which gave the company an immediate boost with equity and the marketing cachet of being associated with Warren Buffet.
You must suffer badly from OCD because you keep harping on this over collaterization. its a non issue because the company or the economy or the housing market isnt' tanking.today.
https://www.theglobeandmail.com/report-on-business/economy/growth/imf-maintains-global-growth-forecasts-china-eurozone-revised-higher/article35779415/