Ep 04: Aaron Graft (CEO Triumph Bancorp)
The Patmos Pod
00:00
Why Nobody Wanted to Buy a Bank in 2008
The chapter explores the reasons behind the lack of interest in buying a bank in 2008, despite favorable credit spreads and low interest rates. It delves into the challenges of understanding the quality of bank assets amidst market uncertainty and the fear of charge-offs. The chapter also touches on leveraged vehicles and the restructuring of Triumph Bancorp to better represent its activities.
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