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Rising Star
Too big to fail still prevails. If government can bail out airlines - they will definitely do the same for banks
Rising Star
Question is- should we buy bank stocks or wait?
$29.7B in CLOs as the argument for why a bank with a balance sheet north of $1.5T may go under is quite the half baked argument.
I wasn’t aware of the extent of this securitization, but have been following the concerns over corporate debt for awhile...it’s a huge problem. Consumer debt too.