Not exact matches
Just like in 2008, with the derivatives that have been layered into the mix, the embedded
leverage in the commercial mortgage / CMBS / REIT model is the
financial equivalent of the Fukushima nuclear power plant
collapse.
The quote above embodies two of the concepts I've been discussing for quite some time in the weekly Short Seller's Journals: Central Bank intervention will ultimately fail in spectacular fashion; the Too Big To Fail Banks (TBTFs) currently have more
leverage and OTC derivatives — the latter well hidden off - balance - sheet — than just before the 2008
financial crisis / de facto
collapse.
Really brutal bear markets like the biggest one in the Great Depression were so brutal that there is nothing to compare it to —
financial leverage collapsed that had been encouraged by government policy, the Fed, and a speculative mania among greedy people.
That single requirement steered investors away from highly
leveraged banks and other
financial stocks which got crushed in the
collapse.
Developed and implemented a redress scheme with Australia's leading banks on behalf of thousands of individuals who had been
leveraged into inappropriate loans by a
collapsed financial planning company.