
sr20230706_Money
Divine Intelligence, etc
00:00
Why BlackRock Isn't Selling Commercial Portfolio Loans to the FDIC
The FDIC could dispose of these in a gradual process and use competitive bidding, open competitive bidding. The only reason why you wouldn't want to do it is when you want to put money in BlackRock's pocket. This move by BlackRock aims to not only benefit the government and the FDIC, but also the economy as a whole.
Transcript
Play full episode