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Regulations are what lead to private credit being what it is today. Post Dodd-Frank banks are unable to take on a lot of the lending risk with these style of tr
by bfg_9k 1y ago
Regulations are what lead to private credit being what it is today. Post Dodd-Frank banks are unable to take on a lot of the lending risk with these style of transactions anymore which paved the way for asset managers to create the shadow banking system that exists today.
- deleted 1y ago[deleted]
- pixl97 1y agoThen you'll find a new set of regulations on private credit at some point in the future.
- dapperdrake 1y agoThe lending risk is the same. It doesn’t really matter what color the rug has. Stop sweeping.
- bfg_9k 1y agoIt's most certainly not the same. An asset manager going broke because they bought some bad loans is infinitely better off for the public at large than a bank becoming insolvent and depositors losing their money.