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Earnings, Fed Decision and Recession in View
Bloomberg Businessweek
The Benefits of Being on Banks Balance Sheets
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I was accelerated post 2015. I mean, we all have to remember something called leverage loan guidelines that were implemented by the US regulators. And if you look at when that pivotal moment for private credit loss, it was exactly years or so after implementation of those leverage money in skywants. Because simply the large banks couldn't put this six, seven times their heory deals and their balance shift. So what happened? That talent who actually ran the businesses and gold money, just credit suites, ended up going to the private equity shops. We wrote a number of research at questioning the systemic risk here.
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