No respectable lending institution would have anything to do with Highland. To secure a loan, you need to have a clear title and all parties need to be identified and accounted for. Who is actually behind Highland? Once you name a couple of people, it gets rather murky and it doesn't seem to be public knowledge. Canadian banks won't lend money when no one "knows".
Canadian banks won't lend money when no one "knows" but US banks will, which is what got them into all that sub-prime mortgage trouble in the first place. It is gambling pure and simple. High risk - high reward. There are always people willing to dance with The Devil for personal gain. Let's hope one particular investment god is willing to cut his gambling loses sooner rather than later. Rest assured, they will be loses.
P.S. Why do I have to "prove I'm not a robot" to submit a comment to this blog when the moderator is holding the comments for approval anyway? I hate those stupid made up, unreadable words. Venting. :P
Minebuster here: The reason you have to prove you aren't a robot and I can no longer allow unfiltered comments is it appeared there was someone working for the dark side (absolutely NO IDEA who it might have been, cough cough) who was posting comments that could potentially get Minebuster sued. Sorry about that...
No respectable lending institution would have anything to do with Highland. To secure a loan, you need to have a clear title and all parties need to be identified and accounted for. Who is actually behind Highland? Once you name a couple of people, it gets rather murky and it doesn't seem to be public knowledge. Canadian banks won't lend money when no one "knows".
ReplyDeleteCanadian banks won't lend money when no one "knows" but US banks will, which is what got them into all that sub-prime mortgage trouble in the first place. It is gambling pure and simple. High risk - high reward. There are always people willing to dance with The Devil for personal gain. Let's hope one particular investment god is willing to cut his gambling loses sooner rather than later. Rest assured, they will be loses.
ReplyDeleteP.S. Why do I have to "prove I'm not a robot" to submit a comment to this blog when the moderator is holding the comments for approval anyway? I hate those stupid made up, unreadable words. Venting. :P
ReplyDeleteMinebuster here: The reason you have to prove you aren't a robot and I can no longer allow unfiltered comments is it appeared there was someone working for the dark side (absolutely NO IDEA who it might have been, cough cough) who was posting comments that could potentially get Minebuster sued. Sorry about that...
ReplyDelete