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Hi Everyone,
It has been almost 10 years since the stock market has reached before the financial crisis. At the time, financial companies were purchased assets called CDO bad mortgages that were bundled and re-packaged to see low-risk assets.
As we know, the overall response of the bank and the government to this financial information mode was probably to print more money and simplify the loan.
The Financial Times today, Professor of Economics Frank Partnoy writes a nasty result that is happening right now.
Except instead of risky mortgages, risky corporate loans, which are currently being refurbished. The property is actually needed from CLOs. A strange, dubious name if you ask me.
No doubt there is nothing to fear. After all, what are the chances that the prevailing commercial loans could do all at once?
your post looks interesting
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Thanks
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Great post !!!
Follow me and I will follow you !!!
And lets do the comments and upvotes exchange !!!
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Well written
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