a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by kleinbl00
kleinbl00  ·  373 days ago  ·  link  ·    ·  parent  ·  post: Here's why regional banks are screwed.

From the looks of it, no one.





am_Unition  ·  373 days ago  ·  link  ·  

That would signal the beginning of mass-defaults, then, right?

kleinbl00  ·  373 days ago  ·  link  ·  

No, it signals that whatever mortgages banks are writing

...is not being converted to bonds. What you're seeing is "effect." "Cause" looks something more like this: