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Anti-Gun Policies Cost Citibank & BOA $600,000,000 in Louisiana Road Projects

Discussion in 'Current Events' started by Grokmaster, Aug 17, 2018.

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  1. webrockk

    webrockk Well-Known Member Past Donor

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    beautiful. sanctimonious, moralizing jackasses never learn, though.
     
    webrockk, Aug 17, 2018
    #26
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  2. RichT2705

    RichT2705 Well-Known Member Past Donor

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    Decisions have consequences. I guess their Anti gun beliefs were worth a half Billion dollars to them to uphold.
     
    RichT2705, Aug 17, 2018
    #27
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  3. RichT2705

    RichT2705 Well-Known Member Past Donor

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    The fiduciary duty should have dictated to them that they don't enter the arena of politics, and put their actual business responsibilities on the hook for a totally predictable backlash.

    They're banks, and that's it. They shouldn't have anything to say on guns or anything outside of their finaincial interests and responsibilities.

    They caused this loss themselves.
     
    Last edited: Aug 17, 2018
    RichT2705, Aug 17, 2018
    #28
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  4. RichT2705

    RichT2705 Well-Known Member Past Donor

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    Well, they're losing out on their share of a 600 million dollar contract atm. Good luck to them offsetting that with the "reasonable people" I guess.
     
    RichT2705, Aug 17, 2018
    #29
  5. notme

    notme Well-Known Member

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    since the interest is so low... it's obvious they will hardly make any money.


    I don't see that them banks are being scorched one bit
     
    notme, Aug 17, 2018
    #30
  6. MissingMayor

    MissingMayor Well-Known Member

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    Not sure if they were even interested in underwriting those bonds. I am sure that both banks won't lose sleep on losing out on $6 million in underwriting fees.
     
    MissingMayor, Aug 17, 2018
    #31
  7. MissingMayor

    MissingMayor Well-Known Member

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    Clearly you don't know about underwriting fees. Probably will cost the state a few million.
     
    Last edited: Aug 17, 2018
    MissingMayor, Aug 17, 2018
    #32
  8. RichT2705

    RichT2705 Well-Known Member Past Donor

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    Well if they weren't interested anyway, then no loss. Although if not interested, not sure there would be any need to block them out at all, or for them to defend their policies.

    Oh well, not my worry.
     
    RichT2705, Aug 17, 2018
    #33
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  9. Grokmaster

    Grokmaster Well-Known Member Past Donor

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    I know...the reality disconnect of the left is STUNNING, at times... :)
     
    Grokmaster, Aug 17, 2018
    #34
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  10. Grokmaster

    Grokmaster Well-Known Member Past Donor

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    I know...the reality disconnect of the left is STUNNING, at times... :)
    It's a bank(s) seeking to underwrite $600,000,000 in road projects, THEY LOST $600,000,000 in ROAD PROJECTS.

    Der....
     
    Grokmaster, Aug 17, 2018
    #35
  11. Grokmaster

    Grokmaster Well-Known Member Past Donor

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    Uh-huh.
    "Both banking companies filled out paperwork applying for the road financing deal that said they don’t have policies that restrict or infringe on Louisiana citizens’ constitutional right to bear arms. Landry objected to those answers, saying they were “disingenuous at best.”


    Must be yet, another "LOSING is WINNING" leftist moment...
     
    Last edited: Aug 17, 2018
    Grokmaster, Aug 17, 2018
    #36
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  12. Grokmaster

    Grokmaster Well-Known Member Past Donor

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    Senseless comment. Cutting out those two banks has NO EFFECT on other banks underwriting the projects.

    DOES ANYONE ON THE LEFT LIVE IN THE REAL WORLD?????
     
    Grokmaster, Aug 17, 2018
    #37
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  13. Polydectes

    Polydectes Well-Known Member

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    Fiduciary duty doesn't Trump constitutional Duty.
     
    Polydectes, Aug 17, 2018
    #38
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  14. guavaball

    guavaball Well-Known Member

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    You really should educate yourself on the policies here when it comes to article titles because its clear you have no idea what you are talking about.
     
    guavaball, Aug 17, 2018
    #39
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  15. Polydectes

    Polydectes Well-Known Member

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    Yeah they excluded two Banks for trying to undermine an organization based on politics they did it to themselves.

    I wouldn't want political activism masquerading as banking in my city or state. I hope this starts a trend
     
    Polydectes, Aug 17, 2018
    #40
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  16. ModCon

    ModCon Well-Known Member

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    Love it! Any day where progressive virtue signalling backfires is a good day. Lol, f'n idiots.
     
    ModCon, Aug 17, 2018
    #41
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  17. Quantum Nerd

    Quantum Nerd Well-Known Member

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    I don't know, me thinks that you don't realize that gun policies don't cost BOA $600 million, but rather the profit from financing it,which would be the cost for underwriting the loan and the interest spread between BOA getting the money and loaning the money, in all probably not more than $10, max $20 million.

    it wouldn't be the first time RW outlets use exaggerated numbers in headlines to bolster their case, just like their leader does all the time.
     
    Quantum Nerd, Aug 17, 2018
    #42
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  18. Quantum Nerd

    Quantum Nerd Well-Known Member

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    The ones calling out others for virtue signaling usually don't have any virtues themselves.
     
    Quantum Nerd, Aug 17, 2018
    #43
  19. TOG 6

    TOG 6 Well-Known Member

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    The AP is RW outlet?
    The AP has a case to bolster?
     
    TOG 6, Aug 17, 2018
    #44
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  20. Polydectes

    Polydectes Well-Known Member

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    boa ceased to be a financial organization to become an activist organization. So Banning activist organizations from something they have no business in is perfectly acceptable.

    you aren't reasonable just because you ridicule people who disagree with you and I don't think the majority of Americans want to lose rights.
     
    Polydectes, Aug 17, 2018
    #45
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  21. ModCon

    ModCon Well-Known Member

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    Yowza! Sick burn bro.
     
    ModCon, Aug 17, 2018
    #46
  22. Quantum Nerd

    Quantum Nerd Well-Known Member

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    How does BOA not giving loans to gun manufacturers = losing rights?

    I am not a friend of BOA, but I believe that it is as much of a right of BOA to choose who they do business with, as it is the right of a baker to not do business with a gay customer. I am sure you don;t have a problem with the latter one.
     
    Quantum Nerd, Aug 17, 2018
    #47
  23. Grokmaster

    Grokmaster Well-Known Member Past Donor

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    Exactly.
     
    Grokmaster, Aug 17, 2018
    #48
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  24. Grokmaster

    Grokmaster Well-Known Member Past Donor

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    Agreed. I love how they HATE FACING THE MUSIC....
     
    Grokmaster, Aug 17, 2018
    #49
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  25. Grokmaster

    Grokmaster Well-Known Member Past Donor

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    To pretend that it is not an attack on the ability of Americans to practice their 2nd Amendment rights, requires the level of Reality Disconnect that virtually DEFINES today's left.
     
    Grokmaster, Aug 17, 2018
    #50
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