misk@sopuli.xyz to Technology@lemmy.worldEnglish · 1 month agoWall Street Banks Prepare to Sell Billions of Dollars of X Loanswww.wsj.comexternal-linkmessage-square49fedilinkarrow-up1286arrow-down18file-text
arrow-up1278arrow-down1external-linkWall Street Banks Prepare to Sell Billions of Dollars of X Loanswww.wsj.commisk@sopuli.xyz to Technology@lemmy.worldEnglish · 1 month agomessage-square49fedilinkfile-text
Mirror: https://archive.is/2025.01.24-212950/https://www.wsj.com/finance/banking/wall-street-banks-prepare-to-sell-billions-of-dollars-of-x-loans-c609beb1
minus-squarefreziklinkfedilinkEnglisharrow-up1arrow-down1·1 month agoThere are physical assets, though. Hopefully enough to pay employees, and possibly enough for this deal to be profitable. It’s a risk, but not a crazy one.
minus-squarehitmyspot@aussie.zonelinkfedilinkEnglisharrow-up2·1 month agoYes, there are, but minimal physical assets. That’s the point. They likely aren’t even enough to pay employees.
There are physical assets, though. Hopefully enough to pay employees, and possibly enough for this deal to be profitable. It’s a risk, but not a crazy one.
Yes, there are, but minimal physical assets. That’s the point. They likely aren’t even enough to pay employees.