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# 1: spend loan in 60 mins day. white castle payday advances

# 1: spend loan in 60 mins day. white castle payday advances

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Payday during the mill. Exactly exactly just How financiers that are sophisticated a Maine investment system they devised to wring huge amount of money in risk-free comes back at taxpayer cost

The paper machines changed hands on paper; the lenders that loaned the $31.8 million got their money back; Enhanced and the other broker, Stonehenge Community Development of Baton Rouge, Louisiana, pocketed $2 million in fees; and the equity investors – the people or funds that put up the $8.2 million that was not repaid as one-day loans – were promised $16 million in Maine tax credits, which are redeemable over seven years at the end of the day.

To put it differently, Maine’s taxpayers supplied the equity investors, whom encountered risk that is little with a $7.8 million profit. And inspite of the known proven fact that the mill shut and went bankrupt, there’s no way for hawaii to wriggle away from its dedication to spend the investors the $16 million. Read the rest of this entry »