LessThunk.com

DAILY COMMENTARY

 

“The Bankers Have Gone Through This Before. They Know How It Ends, And It’s Not Pretty” | Zero Hedge

Oil companies have sold $61.5 billion in stocks and bonds since January as oil prices have tumbled. However, the fees geneated are a tiny fraction of the bank’s real exposure to the energy sector, at over $150 billion. So have the banks learned their lesson?

Source: “The Bankers Have Gone Through This Before. They Know How It Ends, And It’s Not Pretty” | Zero Hedge


Categorised as: interesting

Posted by: Kramer

Comments are disabled on this post


Comments are closed.



Disclaimers – All content here is NOT presented as investment advice; LessThunk is NOT endorsing any website or specific investment by displaying external links.

We may or may-not (coincidentally) hold some quantity of stock or other investment related to any given post, no endorsement is implied in any sense.

css.php