☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish · 7 months agoJPMorgan Chase and Bank of America Suffer $4,500,000,000 in Losses As 'Unrecoverable Debt' Soars: Report - The Daily Hodldailyhodl.comexternal-linkmessage-square29fedilinkarrow-up1100arrow-down10cross-posted to: us_news@lemmygrad.mlusa
arrow-up1100arrow-down1external-linkJPMorgan Chase and Bank of America Suffer $4,500,000,000 in Losses As 'Unrecoverable Debt' Soars: Report - The Daily Hodldailyhodl.com☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish · 7 months agomessage-square29fedilinkcross-posted to: us_news@lemmygrad.mlusa
minus-squareProfessorAdonisCnut [he/him]@hexbear.netlinkfedilinkEnglisharrow-up39·7 months agoIt’s okay, we can guard against this by bundling large amounts of high risk debts and use them to back securities
It’s okay, we can guard against this by bundling large amounts of high risk debts and use them to back securities