Banks and Private Credit
The discussion delves into the intricate relationship between banks and private credit, questioning whether financial risks have truly been extricated from the banking system or merely wrapped in a different guise. Historical parallels, such as the rise of the junk bond market and peer-to-peer lending, highlight the ongoing evolution of bank disintermediation. The conversation sets the stage for a deeper exploration of the current landscape of private credit compared to traditional banking.In this clip
From this podcast
Odd Lots
How Banks and Private Credit Became the Best of Frenemies
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