‚Off-balance sheet accounting has been a common practice in the banking industry for years and as Wall Street on Parade notes, it played a major role in the 2008 financial crisis.‘
‚Off-balance sheet accounting has been a common practice in the banking industry for years and as Wall Street on Parade notes, it played a major role in the 2008 financial crisis.‘
Look at the commercial real estate market, all that shit is underwater. Bulge bracket banks hold all that.
