Lawsuits shine light on Goldman’s role in Asiasons, Blumont and LionGold crash

[CityFarmer]

That is the risk of debt, right? That also the important of debt structure, with bank debt as the most risky one...

So it will be better to go debt free, or in net-cash position?

It depends on the debt types and quality. I will go debt-free from credit debt, car debt, and any other unsecured credits.

I might still keeping property debt with "right" LTV ratio. Without leverage, property investments are unjustifiable, IMO

Property debt (loan) is a good business for banks. High quality property debts (with low LTV ratio) are highly sought-after by banks.