The NCAA is…What, Exactly?
Slate Money
00:00
The Systemic Risk of the Floating Rate Issue
The private equity backed companies are the ones in bigger trouble because of the floating rate issue. I do wonder overall what the systemic risk is, and we talked about this a little last week with commercial real estate,. It seems like the same kind of thing where it's kind of like slow. We get a lot of leverage and assets that just continue without whatever happens to the capital stack.
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