Bloomberg Talks Chris Whalen Talks Finance
8 snips
Oct 17, 2025 Chris Whalen, founder of Whalen Global Advisors and a seasoned commentator on finance, shares his insights into the American financial system. He warns against repeating 2006's structural mistakes and discusses brewing issues in the banking sector. Whalen emphasizes the importance of gold as a hedge against currency debasement and highlights current liquidity risks in fixed income. He also explores housing affordability and the potential for market resets by 2028, along with his upcoming publications.
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Bear Stearns As A Historical Parallel
- Whalen links current collateral problems to the Bear Stearns era and similar past failures.
- He uses the Bear Stearns example to illustrate repeated structural mistakes in finance.
Loose Deal Terms Raise Fraud Risk
- Deal terms have loosened in the past 10–15 years, favoring issuers and disadvantaging investors.
- Chris Whalen warns this creates risks like double pledges of collateral and repeat fraud scenarios.
Commercial Credit Is The Pressure Point
- Commercial real estate and private equity are the current pressure points for banks.
- Whalen says banks and regulators are ignoring mounting problems while masking them with accounting changes.
