misk@sopuli.xyz to Technology@lemmy.worldEnglish · 3 days agoWall Street Banks Prepare to Sell Billions of Dollars of X Loanswww.wsj.comexternal-linkmessage-square53fedilinkarrow-up1285arrow-down18file-textcross-posted to: technology@lemmit.online
arrow-up1277arrow-down1external-linkWall Street Banks Prepare to Sell Billions of Dollars of X Loanswww.wsj.commisk@sopuli.xyz to Technology@lemmy.worldEnglish · 3 days agomessage-square53fedilinkfile-textcross-posted to: technology@lemmit.online
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-up48arrow-down1·3 days agoTaking a 10% haircutcut? They must really really want that shit dumped the fuck off their books.
minus-squarejust_another_person@lemmy.worldlinkfedilinkEnglisharrow-up61arrow-down2·3 days 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-up12arrow-down1·3 days 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