Cibc

[dugh]

So are NAFA's problems partly due to dealing with CIBC or was the bank appointed to settle things?. Is the bank caving to outside pressure? We have one account there and (I think) two Visa cards.

[Marty S]

My vote is for a nationwide trapper and hunter boycott of CIBC for pulling NAFA’s financing.

Anybody good at arranging such?

[Big Grey Wolf]

Saw this happen to many good companies in 80's. Eastern Bankers like CIBC get cold feet when economy slows down and call All their loans just to protect their butts. Presently going on these days in Alberta, hurting a lot of good companies and hard working people. When a Banker cannot stand behind a company with a 350 year history, who will they support through the rough sledding times.

[saskbooknut]

Complaints about the CIBC would only have some validity if one had some real inside knowledge of the state of NAFA finances.
All else is hot air.

[Marty S]

Originally Posted by saskbooknut

Complaints about the CIBC would only have some validity if one had some real inside knowledge of the state of NAFA finances.
All else is hot air.

Consider the possibility that some people do have that knowledge.

[dugh]

Way too early to blame CIBC. I've never checked a NAFA ckeck to see what bank it was drawn on but I won't deal with an anti. That being said there has probably been some poor management along the way and sometimes a bank just has to say that's enough. I'll wait and see, but I won't rely on others to make a determination.

[bushbug]

wasnt it a boycott on wild fur that got us here be careful what youy start