Ice cream truck but instead it’s smoked meats and blaring Steely Dan in affluent white neighborhoods. Welcome to my TED talk, I’ll be taking questions at the end
@west4thstreet@SirBaby6 Yes but most C&I banks will view default prob on a more standardized basis for individual clients whereas LGD will be more dependent on inventory market values. I think there is a decent argument for LGD’s going down for some inventory and equipment