Sources
Richard Christopher Whalen
Why Is Government Encouraging a Taxpayer Bailout? https://t.co/zwY2MDGEUB via @politico Ditto on #FSOC idiocy c/o @SecYellen That said, there are some #IMBs that are idiotic $UWMC, $LDI), but $COOP and $PFSI are piling up the real shareholder equity. Freedom, Bayview as well.
Bloomberg Law Opinion: Simpson Thacher attorneys say private credit hasn't been tested by a major financial crisis, and prudent lenders should be ramping up portfolio management functions and in-house restructuring teams. https://t.co/hPNgBi0cXw
Sheila Bair Good one. Amazing FSOC would even suggest this. @MarkCalabria @tom_hoenig @DennisKelleher @Aarondklein Opinion | Why Is the Government Encouraging a Taxpayer Bailout? https://t.co/Cjn3GK31YW via @politico
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