collateral
Phil Falcone Really Knows How To Lever The Hell Out Of A Warhol
First put it up as collateral for a loan, then allegedly just sell it without paying off that loan.
![By Abxbay (Own work) [CC BY-SA 3.0], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3NzY1MTg1MzE2MzQx/natita.jpg)
Cap’n Lloyd’s Pleasure Cruise Line Is Growing Fast
Who’d like to sail from the World Financial Center to Jersey City in style?