Another shareholder said: "If such a loan stock was offered to existing shareholders and as an open offer in the UK you would have your arm taken off."

另一名股东说：“如果这种债券在英国向现有的股东公开发售，你们会数钱数到手软的。”

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The disclosures last week that the financial aid administrators owned the stock have prompted concerns that they had an incentive to steer students to the loan company.

上周披露的财务援助部门管理者持有股票一事引起了关注，因为他们有动机引导学生去这家贷款公司。

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It had 22 percent return on equity, the highest among Banks listed on the Philippine Stock Exchange at the time, and 2.0 percent return on assets, with its 25 percent loan growth.

股本回报率为22%，在当时位列菲律宾证券交易所榜首，资产回报率为2.0%，贷款增长率为25%。

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If it was worth more, a borrower could pay off the loan and get the stock back, roll over the loan into a larger one or ask the stock be sold and take profits.

FORBES: Magazine Article

The investigation found that stock loan traders at large brokerage firms conspired with stock finders to funnel millions of dollars in fraudulent fees to the finders or relatives of the finders in exchange for kickbacks, also often involving family members.

FORBES: Feds Go After Stock Loan Scammers

Also, the NYSE said, Daiwa's stock loan desk didn't document compliance with the stock locate requirements.

FORBES: Magazine Article