"Not sure about the 10% collection in the "rats and mice"...

"Not sure about the 10% collection in the "rats and mice" section. I found that it was a very unpredictable value as once weeded out as being unwilling and unable to pay it was difficult to extract anything unless you actually took a hands on approach and won their confidence by helping them."
 
Spider5, don't forget we are talking about ledgers where the face value of the debt is 5 to 7 times larger than the carryng value of the asset. So the face value of the debt of the 'rats and mice' might be $100m to $150m...and given PNC's more customer-centric collection process over 10 years I think it possible.  When i said I was "in liquidations"...that was acting as the liquidator and you do develop a good BS meter and a methodology to shall we say "unlock the cash"...but they were the days when the Maquis of Queensbury rules did not apply and all of the social justice warriors wer either not born or in nappies!
A good day in the markets for PNC.