Fed’s Powell Says Leveraged Lending Doesn’t Pose Systemic Risk to Banks

If the banks have restructured such that debt risk has been placed in the hands of (debt) holders rather then the banks why are the banks involved at all? This is almost identical to the attitude that yielded the 2007 collapse. Facilitate debt but avoid all responsibility. Profit and security are maximized only when the issuer holds the note until repayment.

READ  Fed’s Powell Says Cyber Threats a Bigger Danger to U.S. Economy Than 2008-Style Crisis
READ  Is Fed Chair Powell Wrong???

 

AC

615 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.