misk@sopuli.xyz to Technology@lemmy.worldEnglish · 1 day agoWall Street Banks Prepare to Sell Billions of Dollars of X Loanswww.wsj.comexternal-linkmessage-square47fedilinkarrow-up1264arrow-down18file-text
arrow-up1256arrow-down1external-linkWall Street Banks Prepare to Sell Billions of Dollars of X Loanswww.wsj.commisk@sopuli.xyz to Technology@lemmy.worldEnglish · 1 day agomessage-square47fedilinkfile-text
Mirror: https://archive.is/2025.01.24-212950/https://www.wsj.com/finance/banking/wall-street-banks-prepare-to-sell-billions-of-dollars-of-x-loans-c609beb1
minus-squareschizo@forum.uncomfortable.businesslinkfedilinkEnglisharrow-up46arrow-down1·1 day agoTaking a 10% haircutcut? They must really really want that shit dumped the fuck off their books.
minus-squarejust_another_person@lemmy.worldlinkfedilinkEnglisharrow-up58arrow-down2·1 day agoIt’s now “toxic debt”. They need to find some reeeeeaaallly dumb fuckers to buy it up. Probably gonna offer it to Trump supporters.
minus-squaregravitas_deficiency@sh.itjust.workslinkfedilinkEnglisharrow-up12·1 day agoSomeone who wants to curry favor will sweep it up
Taking a 10% haircutcut?
They must really really want that shit dumped the fuck off their books.
It’s now “toxic debt”. They need to find some reeeeeaaallly dumb fuckers to buy it up. Probably gonna offer it to Trump supporters.
UAE will buy it
Or Saudis?
Someone who wants to curry favor will sweep it up