http://blog.incase.de/index.php/2008/10/08/how-to-solve-a-credit-crisis/ Sven's occasional log Sat, 07 Jan 2012 19:52:43 +0000 hourly 1 http://wordpress.org/?v=3.0.5 http://blog.incase.de/index.php/2008/10/08/how-to-solve-a-credit-crisis/comment-page-1/#comment-2471 Anton Piatek Wed, 08 Oct 2008 13:55:44 +0000 http://blog.incase.de/?p=44#comment-2471 The problem with IBM going bankrupt is that IBM is an enormous financial institution - It lends lots of money. What happens to the companies it has lent money to when the liquidators start asking for huge sums back to balance the books? The problem with IBM going bankrupt is that IBM is an enormous financial institution – It lends lots of money.
What happens to the companies it has lent money to when the liquidators start asking for huge sums back to balance the books?

]]> http://blog.incase.de/index.php/2008/10/08/how-to-solve-a-credit-crisis/comment-page-1/#comment-2470 Albert Lash Wed, 08 Oct 2008 13:48:50 +0000 http://blog.incase.de/?p=44#comment-2470 Hi Sven, you're absolutely right about debts owed to a bankrupt company. Same goes for here in the States - accounts receivables are considered assets which can be sold, even when a company has not gone bankrupt. If a company one owes money to goes bankrupt, one can be sure that another company will be resuming the bill issuance soon enough. Hi Sven, you’re absolutely right about debts owed to a bankrupt company. Same goes for here in the States – accounts receivables are considered assets which can be sold, even when a company has not gone bankrupt. If a company one owes money to goes bankrupt, one can be sure that another company will be resuming the bill issuance soon enough.

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