Engineer,
Picture this. You go to your bank and borrow $500,000 for a house,business or whatever, you then take that money and hide 2/3rds in a Swiss Bank account and waste the other 1/3rd on schemes that have no future due to your own stupidity. You then borrow a million dollars to help payback the first loan and do some more things that the bank is a bit sus about but they,for whatever reason, give you the money anyway. 3/4 of this money dissappears into Swiss bank accounts and the rest just dissappears period.
You are now in real deap doo doo and go to the bank and say to the manager, "hey I think you should forgive my loans....you know just forget them and then you can loan me some more money and put all sorts of caveats on that loan(which I will ignore)and then I can rebuild and I'll be ok".
Your Bank Managers reaction ???
Chuck.