jeromeloman on Nostr: Lutnick filing shows he has 100m secured loan from Bank of America. One at sofr + ...
Lutnick filing shows he has 100m secured loan from Bank of America.
One at sofr + 1.65% and another at sofr + 2.25%
While for the rest if us Prime rate has been 3.2 % over sofr past 5 years for over collaterized loan.
Cantillon effect is real.
To be fair BOA is still making a killing from his deposits and these loans.
One at sofr + 1.65% and another at sofr + 2.25%
While for the rest if us Prime rate has been 3.2 % over sofr past 5 years for over collaterized loan.
Cantillon effect is real.
To be fair BOA is still making a killing from his deposits and these loans.