The wolves managed to talk the Wainwrights into a poorly structured loan that they inevitably defaulted on. This was a frequent problem in the 90s and 2000s thanks to the bull market massively contributing the proliferation of wolves. If you’d like to know more, the 2013 documentary “The Wolf of Wall Street” covers the topic.
Ok I’m REALLY lost on this one.
The wolves managed to talk the Wainwrights into a poorly structured loan that they inevitably defaulted on. This was a frequent problem in the 90s and 2000s thanks to the bull market massively contributing the proliferation of wolves. If you’d like to know more, the 2013 documentary “The Wolf of Wall Street” covers the topic.