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"Fight Club"
- Thread starter blade235
- Start date
Quote from blade235:
What if you just blow up all data of creditcard companies, like in "Fight Club"? Wipe the creditcard debt of basically in all USA citizens.
Somehow I see a solution in that. Would anyone explain the after effect of that?
Those are the assets on the banks' balance sheets. More explanation?
Quote from gucci:
Those are the assets on the banks' balance sheets. More explanation?
Isnt the issuer of the card that grants that credit, and the issuer of the card can be a bank or a credit union. I m talking about specifically de credit union that holds the credit and busts, leaving the (acquiring) bank and the cc holder "free of charge".
Is that even possible?
Quote from blade235:
Isnt the issuer of the card that grants that credit, and the issuer of the card can be a bank or a credit union. I m talking about specifically de credit union that holds the credit and busts, leaving the (acquiring) bank and the cc holder "free of charge".
Is that even possible?
You answered your own first question. "Free of charge" could hardly happen due to subrogation, even in case of the entity gone bust.
Quote from blade235:
What if you just blow up all data of creditcard companies, like in "Fight Club"? Wipe the creditcard debt of basically in all USA citizens.
isnt that basically what happend in bldg 7??? not with cc debt but with all the SEC investigations and all the Enron / Arthur Andersen investigations etc.