Jefferson County needs letters of credit from banks to make financial rescue plan work- al.com
If you owe a whole lot of money, go to a bank and tell them that you owe a whole lot of money, but you can’t afford to pay it right now, so can they loan you a whole lot of money to pay it off? I’m sure you’ll get a response.
3 responses so far ↓
Dan // May 12, 2008 at 10:29 am
I wonder how long an individual could keep that going on.
Mac Thomason // May 12, 2008 at 10:48 am
Not too long, is my guess. You’d be lucky to not get dragged out by security.
walt moffett // May 12, 2008 at 10:50 pm
Who was it who said words to the effect when you owe thousands you have a problem, when you owe millions the bank has a problem?
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