Who knows what happened? Banks are in the business of making money. They have shareholders to answer to. Either a loan performs or it doesn't. The bank wants their money.
It's no different if you owe the bank or a 350yo company owes the bank. You don't pay - they call the loan. NAFA's business model failed.
It's too bad but that's life. Perhaps something even better might rise from the ashes, only time will tell. In the meantime trappers are at the bottom of this gut pile. Not a good place to be.
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