Originally Posted by
Bond
So you're saying that RAH was the only possible lender in both scenarios? That's a bit presumptuous of you don't you think? It was a business call, nothing more, and it was never intended to help anyone other than the investors at RAH and the reverend. You're seriously blind if you don't think there were other investors looking at both deals, it's outlined in their quarterly reports and disclosed to the SEC, you do know what those are right?
Yes I do but as I recall the other lenders were not willing to shore up as much money and wanted to charge a much higher interest rate to F9 which is why they made the deal with RAH and the investment firm. F9 could not afford the interest rates others wanted. The deal RAH gave them saved them a significant amount of money. You mentioned SEC reports I suggest you read them.