- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
Securitization allows banks to repackage and resell debt, famously explained by actress Margot Robbie in a bubble bath in the film “The Big Short.”
The European Union wants to breathe new life into a financial practice most commonly associated with causing the 2008 financial crisis as it tries to jump-start banks’ lending to the economy.
On Tuesday, the European Commission will publish a package of legislation aiming to revive the industry of “securitization,” after strict postcrisis laws almost stamped out the use of the practice in the bloc.
Securitization is the practice where banks repackage and resell debt, famously explained by actress Margot Robbie in a bubble bath in the film “The Big Short.” The engineering allows banks to move some assets off their balance sheets, giving them more space to extend new loans.
It’s not semantics when what you’re saying doesn’t make sense and is contradictory to reality.
Actually, I am not sure what issue you’re even raising because of how poorly you communicated.
I thought about not responding at all, tbh, but then thought that it’s clear you think there is a some sort of material difference between regulation and law.
pointedly incorrect. and thats my point that checking the illegal thing is the same thing as checking the regulated thing. but you assert there is some difference.
their point is unambiguous to me. it is that it is more complex to check if something was done according to a regulation, compared to checking if it was done at all.
Then allow me to rephrase. Checking if the forbidden thing has been done is often easier than checking if the thing which is allowed, but with many caveats and conditions, has been done correctly.