@[email protected] to [email protected]English • 3 months agoWall Street Banks Prepare to Sell Billions of Dollars of X Loanswww.wsj.commessage-square53fedilinkarrow-up1286cross-posted to: [email protected]
arrow-up1286external-linkWall Street Banks Prepare to Sell Billions of Dollars of X Loanswww.wsj.com@[email protected] to [email protected]English • 3 months agomessage-square53fedilinkcross-posted to: [email protected]
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-square@[email protected]linkfedilinkEnglish1•3 months agoThere are physical assets, though. Hopefully enough to pay employees, and possibly enough for this deal to be profitable. It’s a risk, but not a crazy one.
minus-square@[email protected]linkfedilinkEnglish2•3 months agoYes, there are, but minimal physical assets. That’s the point. They likely aren’t even enough to pay employees.
There are physical assets, though. Hopefully enough to pay employees, and possibly enough for this deal to be profitable. It’s a risk, but not a crazy one.
Yes, there are, but minimal physical assets. That’s the point. They likely aren’t even enough to pay employees.