Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Deal reached in US financial crisis [Update- NOT Passed]

Wookie · 09-29-2008, 03:03 PM

Does it affect Canada?

I just refinanced about $2.3 million of some guys debt Friday/today, and about $4.9 million Thursday, both expiring October 1st.

We just got an email from our head office saying we're not looking at any new deals for a minimum of a few days. If these guys had been slow, they could have been SOL!!

Now we're not in the business of f'ing people. So I'm sure it wouldn't have been that bad. But. . . It could have been. We could pull out of the market all together. I'm not sure yet...

Lack of credit is a serious, serious problem, it's pretty much the oil that runs the economy.

09-29-2008, 03:03 PM	#121
Wookie Chick Magnet Join Date: Oct 2001 Exp:	Does it affect Canada? I just refinanced about $2.3 million of some guys debt Friday/today, and about $4.9 million Thursday, both expiring October 1st. We just got an email from our head office saying we're not looking at any new deals for a minimum of a few days. If these guys had been slow, they could have been SOL!! Now we're not in the business of f'ing people. So I'm sure it wouldn't have been that bad. But. . . It could have been. We could pull out of the market all together. I'm not sure yet... Lack of credit is a serious, serious problem, it's pretty much the oil that runs the economy.