The Acquirers Podcast cover image

Value After Hours S05 E12 Christopher Bloomstran, Berkshire Hathaway Review and State of Value

The Acquirers Podcast

00:00

The Risks of a Bank's Bond Portfolio

My understanding is you don't even have a credit problem yet. This is just simply banking with unmitigated assumption of duration risk in your fixed income portfolio. Not a big enough bank to be systemically important. But it took in 2008 the financial crisis, the suspension of market to market accounting. If you mark everything in the market, a whole bunch of banks that have no tangible equity capital anymore.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app