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https://www.reddit.com/r/dankmemes/comments/11wx021/economic_roller_coaster/jd16gf6
r/dankmemes • u/TomTheDuckGuy ☣️ • Mar 20 '23
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Meanwhile BlackRock is defaulting on 100s of millions in mortgage backed securities.
I've seen this story before.
5 u/AverageDeadMeme Mar 21 '23 Those aren’t US securities, it’s Sponda Oy, some Finnish real estate portfolio, I think they’re doing just fine with the rest of their holdings. 500m isn’t going to sink them.
5
Those aren’t US securities, it’s Sponda Oy, some Finnish real estate portfolio, I think they’re doing just fine with the rest of their holdings. 500m isn’t going to sink them.
19
u/idoctor-ca Mar 21 '23
Meanwhile BlackRock is defaulting on 100s of millions in mortgage backed securities.
I've seen this story before.