Quote Originally Posted by MumblesBadly View Post
Quote Originally Posted by GambleBotsChafedPenis View Post
mumbles, think about this...if they're so hard up for liquidity/funds or whatever to meet regulatory requirements why the hell would they offer a promo in which somebody could withdrawal 99% of their $150,000 within 60 days? so great they meet their liquidity requirements for their next reporting period...then what happens in 90 days when they have to file a quarterly report? they then have to find more individuals who will give them $150,000 so that they can meet their financial requirements...later, rinse, repeat...how many people do you think they can find with $150,000 in cash just lying around so that they can make sure their regulatory numbers are met every quarter?

handicapme is right...you think if they had these kinda funding issues, that people on the street wouldn't have known about it months before they even had those problems...wall street is a trillion dollar industry, if somebody could make money off of capital one having liquidity issues they would have been shorting that fucker down to $0...
But why have the offer expire at year-end? Why not run it continuously as a loss-leader that is covered by the higher profit cross-selling? If Capital One’s management is acting rationally, there’s a reason the offer expires at year-end that is unrelated to the prospect of generating cross-selling profits on the new customers. Especially when the kind of customers such a limited-time offer will attract are penny-pinching bonus whores who will jump
at moving their money after the 60 day vesting period. And how likely are they going to be able to cross-sell to those cheapskates?
Hey mumblesfuck everyone needs a credit card, mortgage or potentially line of credit... now that you signed up they have your info. Pull your cash but be ready to get 2-3 mailers a week for as long as you live at that location. I can promise you that their management is acting very rationally while the google literate truck driver can't think at their level. I would be more than happy to bet any amount you want that they are not remotely close to having funding, loan loss or any balance sheet issues at this time or at least another 1-2yrs.