2 ms·
Banks will never, ever get caught with bad debt again. They learned the lesson in 2008. There's even regulation blocking that. This will be "dumb money" so our
by alecco 6y ago
Banks will never, ever get caught with bad debt again. They learned the lesson in 2008. There's even regulation blocking that. This will be "dumb money" so our pensions and government funds. These take ratings agencies at face value and have no nuance and very slow to move on news like GP's feel-good idea.