Tracey Alloway

Like, what exactly are we trying to achieve here?

Warehouse shipment successfully makes it.

Yeah, right.

Oh, that's interesting.

Wait, okay, so why do they need that flexibility?

They were on the right side, yeah.

Yeah.

This is a slight tangent, but you brought up coffee just then.

I think both of us read Lloyd Blankfein's book in preparation for having him on the podcast.

And he was talking about how when he was at J. Aaron, they had the huge warehouses of coffee beans.

And apparently they smelled really bad because they would like rot, I guess, or like there'd be bugs.

Seems unoptimal.

Is that true?

Do coffee beans actually smell bad in large amounts?

Okay.

So this is actually a serious question then.

When you're doing due diligence for a loan, what are the factors that you're taking to account?

Would you look at something like the quality of the warehouse that commodities are going to be stored in?

How come the banks have exited the business?

Is that just like a 2008 regulatory capital story or something else?