24 ms·
Who is suggesting companies should be prevented from selling assets to raise cash?
by stretchwithme 7y ago
Who is suggesting companies should be prevented from selling assets to raise cash?
- JamesBarney 7y agoIlliquid means the assets are to hard to sell. And if there is a bank run who is buying billions of dollars of mortgages except for at a steep discount?
- esoterica 7y agoYou did. > if it ONLY wrote mortgages > Don't allow reselling mortgages If a bank only write mortgages and can't sell them what else do you expect them to sell? The office chairs?
- stretchwithme 7y agoI see what you're saying. My purpose there was to keep government or off budget government entity or corporation from buying any mortgages. I have no problem with selling an asset, as long as government is not subsidizing bad practices by assigning an unrealistic value to something that is fraught with risk. Selling a mortgage to private investors is not a problem.