why banks dont give long term extension, page-20

CT

i know for understanding impact of firesale with others on gearing levels we may have to read their AL reports.

Doesnt that mean it will impact them for sure how much??


I know i cant compare this to home mortgage still Banks auction houses only when owner defaults not otherwise

i think that should apply everywhere, more over banks will not get the money straight way by firesale.

CANT THOSE FATCATS THINK RATIONALLY ITS THEM WHO HAVE CAUSED ALL THIS IN FIRT PLACE.