The Implications of the Bank's Debt Crisis

The bank's own loans on a lot of buildings. They're going to accrue to the lender because once you've exhausted the equity, let's say I bought a building and it was worth 200 million and I had 100 million of debt. And so the bank probably thought that was a pretty secure loan. We've loaned $100 million on a $200 million office building. But if that office building is only worth $50 million, the owner doesn't lose $150 million. The owner just loses $100 million. He walks away from the other 50 because that's the bank's problem. So this whole thing is going to implode. And what does that mean? More bail