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Episode 265: Lesson time: Let's see how quickly a good loan can go bad!
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This episode examines a recent article from The Business Journals titled “Wells Fargo’s former Market Street office building is crippled. Can it survive and adapt?” This article poses a great example of how quickly good loans can go bad. If you are a lender or work in the credit or risk departments of a bank, it is critical to understand that your loans may not be as strong as you think. A link to the article is included below.
Link: Wells Fargo's departure cripples 401 Market St. - Philadelphia Business Journal
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