Quote Originally Posted by SmartestGuyInTheRoom View Post
Bump.

With 1% default rates, Covid shouldn't have killed them, but Par was insolvent in April.
http://www.documentcloud.org/documen...stors-Mca.html

Not looking good.
https://www.inquirer.com/news/par-fu...-20200811.html
Man what a loser. “I’m sorry to say that coronavirus has caused us to go bankrupt... but GOOD NEWS! If you give me more money I will be profitable again!”. 3 months later gets arrested with multiple illegal guns, plans to leave the country and hide on a small island, millions in him and his wife's bank accounts, multiple houses and cars, and multiple threats to his own merchants about how he’s going to kill them if they bounce on one payment.