Leo and Josh are partners in a partnership that has been trying to get a bank loan for expansion, but has been having difficulty. Leo decides to ask his good friend Jed (a well-known and powerful businessman) to come with them to the bank to apply for a loan. Jed agrees to come to the bank and, though he does not sign for the loan, speaks very highly of the partnership to the bank manager and the bank manager approves the loan based upon Jed's apparent involvement with the partnership. A short while later, Leo has a heart attack and decides to retire from the partnership. As Josh cannot handle the business on his own, he recruits Toby to become a partner. Josh and Toby soon run into difficulties, though, and the partnership defaults on its loan. The bank sues the partnership (which has since gone bankrupt) and also Josh, Toby, Leo and Jed (all personally). Is the bank likely to recover from any of the men personally?