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LC workforce reduction

Started by Peter, April 22, 2020, 11:00:00 PM

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Fred93

On April 20, 2020, LC filed an 8K with SEC containing the following text...

Quote

TravelingPennies

The CNBC story got it wrong.

CNBC says
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rawraw

One thing banks do in crisis is shrink assets. This keeps capital ratios strong. So I am not surprised they don't want to grow a bunch in consumer loans, but the drop is quite amazing

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