Space/Science — HabitableZone

Space/Science » in reply to re: Hey Thanks For Giving Me More Ammo

Still Waiting...

No, our bank would not finance such things, at least at the moment, because as I noted previously, when your collateral breaks in space, no one can get to it to fix it. Which means that your collateral has zero value, plus your debtor no longer has a means of generating revenues to pay back the loan. This makes depositors and the principals very unhappy.

The commercial bank for which my investment bank works is one of the most profitable in the U.S. This is not because we need more competent loan managers. We've done just fine financing power plants, aircraft, real estate, and a weird mix of other collateral types.

Well, if the title doesn't impress you, how about a BA in International Business & Economics, magna cum laude? How about 15 years of banking and finance experience, primarily in NYC? How about a Master of Space Studies, cum laude?

You're right though, perhaps we should have more chemical engineers with personal investing experience to make even better investing decisions for the billions in capital we have to allocate.

I await your examples that will compel us to invest in Mars.

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