Groups including JPMorgan Chase, Morgan Stanley and SMBC are trying to find ways to distribute portions of data centre-related deals to a broader range of investors, according to people familiar with the matter.
Lenders are exploring private deals to sell stakes in the debt as well as so-called risk transfers to reduce exposure to big borrowers and free up capacity for more lending.
This gives me strong deja vu for the housing crisis of '08.
Eh, if they’re actively talking about it, then it’s a lot better than the housing crisis. The big issue there was no one was actually calling the garbage assets garbage. Here they seem to be calling out the risk.
This gives me strong deja vu for the housing crisis of '08.
What? You don’t want to buy a few tranches of GPU backed securities?
Last time it happened, trillions in tax dollars were funneled right to the top. They would be stupid not to try again
I want to short the housing. I mean GPU market.
Eh, if they’re actively talking about it, then it’s a lot better than the housing crisis. The big issue there was no one was actually calling the garbage assets garbage. Here they seem to be calling out the risk.
Reading further into, it’s a mixed bag. There are people calling it out, but some of the movement of funds is to free up more lending.
Was just going to say that…
I was also going to say that.
These are the too-big-to-fails, right? So they must be destroyed then.