3min chapter

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Real GDP Lending on Blockchain Could Be A Gamechanger | Bill Wolf

Forward Guidance

CHAPTER

The Risk of Correlation in Credit Management

We think about correlation risk both in each individual loan that we're making out of our credit strategies. We also think about whether, are we lending to somebody who's effectively doing the same trade or same activity as everybody else. And so even places we're not loaned into, there's too much credit extending into this space. That's kind of a reference back to the, and again, students of financial history will remember the long-term credit management meltdown in the late 90s.

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