I smell a nation wide theft bailout inbound
‘Zombie Offices’ Spell Trouble for Some Banks - The New York Times
Submitted 3 months ago by FenrirIII@lemmy.world to workreform@lemmy.world
https://www.nytimes.com/2024/02/08/business/economy/commercial-real-estate-banking-industry.html
Comments
n3m37h@lemmy.world 3 months ago
e_t_@kbin.pithyphrase.net 3 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?
protist@mander.xyz 3 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.
const_void@lemmy.ml 3 months ago
Fill them open with homeless people and solve the housing crisis.