Forensic audit: ASU ex-trustee Lemak had conflict of interest, household benefited

Forensic audit: ASU ex-trustee Lemak had conflict of interest, family benefited
Larry Lemak A forensic audit of Alabama State University mentioned that former trustee and Birmingham sports medicine medical professional Larry Lemak violated the school&#39s conflict of interest policy, which is codified in Alabama law. MONTGOMERY, Alabama — Birmingham&nbsp…
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Bentley asks ASU to halt presidential search as forensic audit alleges
MONTGOMERY, Alabama — Gov. Robert Bentley is recommending that Alabama State University halt its search for a new president in light of a damaging preliminary report from the forensic auditor tasked with investigating purported fraud at the university.
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Q&A: Explain why one would expect the interest rates on collateralized loan & unsecured loan to differ?

Question by J1: Explain why one would expect the interest rates on collateralized loan & unsecured loan to differ?
What would that difference be?
this question is about short-term financing.

Best answer:

Answer by financegal27
A Collateralized Loan is backed with securitization payments in the form of different tranches. Financial institutions back this security with receivables from loans. So it is less risky than an unsecure loan, therefore more risk means investors need a greater reward. An unsecured loan would have a higher interest rate than a collateralized loan.

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