Quote: jools "The bank pulled the overdraft because it was clear that the bulls were not able even long term to pay off their debts.
The reason the world is in the mess it is is because banks were lending to people who were not able to pay back the money-the banks were lambasted for this and governments all over the world are insisting they don't carry out this type of lending again.
So the bank pulled the plug.'"
Yes the bank pulled the overdraft to reduce their exposure
No they didn't do it because of the sale of the lease.
It's that simple.
