misk@sopuli.xyz to Technology@lemmy.worldEnglish · 3 days agoWall Street Banks Prepare to Sell Billions of Dollars of X Loanswww.wsj.comexternal-linkmessage-square52fedilinkarrow-up1283arrow-down18file-text
arrow-up1275arrow-down1external-linkWall Street Banks Prepare to Sell Billions of Dollars of X Loanswww.wsj.commisk@sopuli.xyz to Technology@lemmy.worldEnglish · 3 days agomessage-square52fedilinkfile-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-squareclutchtwopointzero@lemmy.worldlinkfedilinkEnglisharrow-up19·edit-22 days agoBanks will be lucky to sell for as much as 10 cents on the dollar, especially as all loans might be unsecured. Banks should package in a shitcoin, that would pay itself out, since those investors are used to losses now 😜
Banks will be lucky to sell for as much as 10 cents on the dollar, especially as all loans might be unsecured.
Banks should package in a shitcoin, that would pay itself out, since those investors are used to losses now 😜