[ADiamond]

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1 - Can you clarify what you mean by "sift out"? Is there an issue with syndication (which would reduce stacking)

how does syndication reduce stacking?

[J.Celifarco]

how does syndication reduce stacking?

if an iso has money in the 1st position on a deal they will be less likely to go out a get the merchant a second position that could jeopardize the merchants ability to make payments on the first

[channin19]

how does syndication reduce stacking?

Because who wants to stack on their own deal?

Having skin in the game means you're not just looking at the upfront commission.

http://www.fooledbyrandomness.com/sais.pdf

[ADiamond]

Because who wants to stack on their own deal?

Having skin in the game means you're not just looking at the upfront commission.

http://www.fooledbyrandomness.com/sais.pdf

No, I get that - it was said to sound like direct lenders who use syndication to fund their deals wouldn't be interested in stacking.

[channin19]

No, I get that - it was said to sound like direct lenders who use syndication to fund their deals wouldn't be interested in stacking.

You would know.

[Chambo]

You would know.

oooh, shots fired

[channin19]

oooh, shots fired

[Franklin]

No, I get that - it was said to sound like direct lenders who use syndication to fund their deals wouldn't be interested in stacking.

Pretty sure my response did not communicate that. The thread was about the industry, not direct lenders specifically.