Comments on: CIB F-up (That’s Follow Up) http://www.indianabarrister.com/archives/2009/06/cib_f-up_thats_follow_up.html Indiana Barrister is the source for local Indianapolis and Indiana news, politics and commentary. Thu, 09 Sep 2010 13:07:00 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Old Guy http://www.indianabarrister.com/archives/2009/06/cib_f-up_thats_follow_up.html/comment-page-1#comment-30571 Old Guy Tue, 30 Jun 2009 22:24:30 +0000 http://www.indianabarrister.com/?p=2290#comment-30571 This model of efficiency managed to tear down a 25-year old building without having paid a cent on the principal debt, having used the revenues from taxes levied for that specific purpose on everything but that debt. Not my idea of good management. This model of efficiency managed to tear down a 25-year old building without having paid a cent on the principal debt, having used the revenues from taxes levied for that specific purpose on everything but that debt. Not my idea of good management.

]]> By: Nick http://www.indianabarrister.com/archives/2009/06/cib_f-up_thats_follow_up.html/comment-page-1#comment-30570 Nick Tue, 30 Jun 2009 19:59:42 +0000 http://www.indianabarrister.com/?p=2290#comment-30570 Oh Yeah, I forgot to add it won't work. Oh Yeah, I forgot to add it won't work.

]]> By: Nick http://www.indianabarrister.com/archives/2009/06/cib_f-up_thats_follow_up.html/comment-page-1#comment-30569 Nick Tue, 30 Jun 2009 19:54:51 +0000 http://www.indianabarrister.com/?p=2290#comment-30569 After some thought, this silly structure is a political stunt, not a financial solution any business would consider.<br><br>This twisted bailout is structured to defer a state takeover of CIB until after Ballard is forced to restructure CIB debt or declare bankruptcy from insolvency. <br><br>Basically they are kicking the can down the road and covering there own tails at the same time. After some thought, this silly structure is a political stunt, not a financial solution any business would consider.

This twisted bailout is structured to defer a state takeover of CIB until after Ballard is forced to restructure CIB debt or declare bankruptcy from insolvency.

Basically they are kicking the can down the road and covering there own tails at the same time.

]]> By: Nick http://www.indianabarrister.com/archives/2009/06/cib_f-up_thats_follow_up.html/comment-page-1#comment-30568 Nick Tue, 30 Jun 2009 19:36:18 +0000 http://www.indianabarrister.com/?p=2290#comment-30568 Good luck explaining this bailout to the public. Good luck explaining this bailout to the public.

]]> By: Melyssa http://www.indianabarrister.com/archives/2009/06/cib_f-up_thats_follow_up.html/comment-page-1#comment-30567 Melyssa Tue, 30 Jun 2009 19:01:01 +0000 http://www.indianabarrister.com/?p=2290#comment-30567 This kind of sounds like the property tax rebate debacle. This kind of sounds like the property tax rebate debacle.

]]> By: Old Guy http://www.indianabarrister.com/archives/2009/06/cib_f-up_thats_follow_up.html/comment-page-1#comment-24593 Old Guy Tue, 30 Jun 2009 17:24:30 +0000 http://www.indianabarrister.com/?p=2290#comment-24593 This model of efficiency managed to tear down a 25-year old building without having paid a cent on the principal debt, having used the revenues from taxes levied for that specific purpose on everything but that debt. Not my idea of good management. This model of efficiency managed to tear down a 25-year old building without having paid a cent on the principal debt, having used the revenues from taxes levied for that specific purpose on everything but that debt. Not my idea of good management.

]]> By: Nick http://www.indianabarrister.com/archives/2009/06/cib_f-up_thats_follow_up.html/comment-page-1#comment-24592 Nick Tue, 30 Jun 2009 14:59:42 +0000 http://www.indianabarrister.com/?p=2290#comment-24592 Oh Yeah, I forgot to add it won't work. Oh Yeah, I forgot to add it won't work.

]]> By: Nick http://www.indianabarrister.com/archives/2009/06/cib_f-up_thats_follow_up.html/comment-page-1#comment-24591 Nick Tue, 30 Jun 2009 14:54:51 +0000 http://www.indianabarrister.com/?p=2290#comment-24591 After some thought, this silly structure is a political stunt, not a financial solution any business would consider.<br><br>This twisted bailout is structured to defer a state takeover of CIB until after Ballard is forced to restructure CIB debt or declare bankruptcy from insolvency. <br><br>Basically they are kicking the can down the road and covering there own tails at the same time. After some thought, this silly structure is a political stunt, not a financial solution any business would consider.

This twisted bailout is structured to defer a state takeover of CIB until after Ballard is forced to restructure CIB debt or declare bankruptcy from insolvency.

Basically they are kicking the can down the road and covering there own tails at the same time.

]]> By: Nick http://www.indianabarrister.com/archives/2009/06/cib_f-up_thats_follow_up.html/comment-page-1#comment-24590 Nick Tue, 30 Jun 2009 14:36:18 +0000 http://www.indianabarrister.com/?p=2290#comment-24590 Good luck explaining this bailout to the public. Good luck explaining this bailout to the public.

]]> By: Melyssa http://www.indianabarrister.com/archives/2009/06/cib_f-up_thats_follow_up.html/comment-page-1#comment-24589 Melyssa Tue, 30 Jun 2009 14:01:01 +0000 http://www.indianabarrister.com/?p=2290#comment-24589 This kind of sounds like the property tax rebate debacle. This kind of sounds like the property tax rebate debacle.

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