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.
Space/Science » in reply to re: Hey Thanks For Giving Me More Ammo
Still Waiting...
The whole thread (116 posts)
- NASA will be scraping space science missions...
- Chris is mostly correct
- Just an idiot Moonbat...
- re: Just an idiot Moonbat...
- I call B*** S***, Chris
- re: I call B*** S***, Chris
- ***As moderator, I have to ask you two a question***
- Mars Cult
- re: Idiot Moonbat....
- re: Cultism Views Warped.
- Appropriate That You Don't Use A Real Name
- Why the heck would you want to dive down a gravity well in the first place?
- Leave it to Tom to be the most reasonable viewpoint here
- Cool
- Easy Natural Resources, Safety, & Potential
- re: Why the heck would you want to dive down a gravity well in the first place?
- re: Why the heck would you want to dive down a gravity well in the first place?
- re: Why the heck would you want to dive down a gravity well in the first place?
- re: ***As moderator, I have to ask you two a question***
- Forgot Another Key Issue
- Compare & Contrast Question
- I agree with you entirely here: there is no economic justification for manned Mars missions
- re: ***As moderator, I have to ask you two a question***
- As usual: Mark is both perceptive and correct
- Forgot Another Key Issue
- Mars Cult
- I call B*** S***, Chris
- Or What A Dingbat Thinks (n/t)
- re: Just an idiot Moonbat...
