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Bringing confidence back to the financial sector in a way you've never seen before. Situations like Home Capital can be solved. #MQCC #iQMS
What situation with Home Capital? This situation:
Mayday at Home Capital
In the early hours of Monday, May 1, exhausted representatives for Home Capital and a group of lenders hung up the phone in frustration. A deal to give the company an emergency $2-billion loan appeared to be falling apart. Directors at the mortgage firm felt that without the money, they wouldn't be able to open for business a few hours later.
The dramatic story of a financial institution's near-collapse.
source: see above link.