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You think the banks are so stupid that they just let PE firms saddle them with a bunch of debt and walk away? Bank PE loans are almost always senior loans, mean

You think the banks are so stupid that they just let PE firms saddle them with a bunch of debt and walk away? Bank PE loans are almost always senior loans, meaning the loan has to be completely repaid before you can start distributing dividends.

linuxftw 3y ago
If the banks have sold the debt, they don't care if it's paid or not, they're already paid.
AlexandrB 3y ago
2008 proved that banks are plenty stupid, especially if they think they can sell the bad debt to someone else before it explodes.