Thread: Fox New Just Reported, GM Board of Directors Gone Also.
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Old 03-30-2009, 09:10 AM   #4
PQ
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Quote:
Originally Posted by Skyman 08 View Post
I just thought of something funny but scary...

Now that the government has set a example of forcing out the CEO and BOD of a company it loaned money, will the Banks follow suit?
If your wife (Or you) run up a $20,000 credit card debt, and you take out a bill consolidation loan to pay it off, will the bank be able to force you to get a divorce so your spouse cannot run up any more debts?
Or even further, will the mortgage company be able to tell you what color carpet you can put in the living room like a landlord would?
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