[mcg168]

add in payoffs and maybe 15% of their book is gone. Every week of non-renewal activity 1.5%-2% of their book evaporates.

Time is Ticking

I hear you...they are def losing deals off their book, what percent is anyones guess. The most important thing to CAN was getting back in good standing on their credit lines and didnt Sean put an article out saying they had a $200mm payment due?? So competitors paying off their deals early at a rapid pace must have helped their current cash situatin.