‘Zombie Offices’ Spell Trouble for Some Banks - The New York Times

Comments

• n3m37h@lemmy.world ⁨9⁩ ⁨months⁩ ago

  I smell a nation wide theft bailout inbound

  source

  • e_t_@kbin.pithyphrase.net ⁨9⁩ ⁨months⁩ ago

    The banks should pull themselves up by the bootstraps and cut down on the avocado toast. That's the path to financial solvency, right?

    source
  • protist@mander.xyz ⁨9⁩ ⁨months⁩ ago

    Jerome H. Powell, the Fed chair, acknowledged during a “60 Minutes” interview that aired on Sunday that “there will be losses.” For big banks, Mr. Powell said, the risk is manageable. When it comes to regional banks, he said that the Fed was working with them to deal with expected fallout, and that some would need to close or merge.

    source
• const_void@lemmy.ml ⁨9⁩ ⁨months⁩ ago

  Fill them open with homeless people and solve the housing crisis.

  source