Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
They also hedge and buy insurance to cover potential defaults and then they write off the bad loan they got stuck with to help offset taxes… So it’s kinda good in a way and they want some but it makes business sense to find the right balance to keep regulators happy and make maximum profit.
They also hedge and buy insurance to cover potential defaults and then they write off the bad loan they got stuck with to help offset taxes… So it’s kinda good in a way and they want some but it makes business sense to find the right balance to keep regulators happy and make maximum profit.