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Government Loan to Virgin Australia
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13th Apr 2020, 03:52
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The Bullwinkle
Join Date: Sep 2002
Location: Australia
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Quote:
Originally Posted by
ECAMACTIONSCOMPLETE
do you think virgin has a good credit rating with its balance sheet and 10 years of losses?
S&P recently downgraded it to junk status
Your statement was "
If
I
go to the bank and ask for a $1 million dollar loan on
my
$500,000 house,
I'll
be laughed out the door."
My advice for you to go to another bank was for you personally!
I could easily obtain loans for double the value of my house and I certainly wouldn't be laughed out the door, that's all I was saying.
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