Emeritus Prof Christopher May on Nostr: Are we heading towards 2008 redux? Well, if private equity's use of junk financing is ...
Are we heading towards 2008 redux?
Well, if private equity's use of junk financing is an indicator, then maybe we are....
Which just goes to show, as is often predicted, as soon a generation of senior managers in financial services passes into retirement, the risk-appetite that produces financial crisis becomes attractive to bankers....
#FinancialCrisis #banking
https://www.theguardian.com/business/2024/nov/24/remember-the-global-financial-crisis-well-high-risk-securities-are-back
Well, if private equity's use of junk financing is an indicator, then maybe we are....
Which just goes to show, as is often predicted, as soon a generation of senior managers in financial services passes into retirement, the risk-appetite that produces financial crisis becomes attractive to bankers....
#FinancialCrisis #banking
https://www.theguardian.com/business/2024/nov/24/remember-the-global-financial-crisis-well-high-risk-securities-are-back